{"id":35173,"date":"2020-02-28T23:01:22","date_gmt":"2020-02-28T20:01:22","guid":{"rendered":"http:\/\/www.textilegence.com\/?p=35173"},"modified":"2020-02-28T23:01:30","modified_gmt":"2020-02-28T20:01:30","slug":"karl-mayer-buys-stoll","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/karl-mayer-buys-stoll\/","title":{"rendered":"KARL MAYER buys STOLL"},"content":{"rendered":"<p style=\"text-align: justify;\">As part of its growth strategy, the KARL MAYER Group has concluded an agreement to acquire the STOLL Group. The <a href=\"https:\/\/www.textilegence.com\/en\/category\/topical\/\" target=\"_blank\" rel=\"noopener noreferrer\">contract<\/a> was signed on 26 February 2020, and the STOLL Group is to be part of the KARL MAYER Group from 1 July 2020.<\/p>\n<p style=\"text-align: justify;\">By acquiring STOLL, KARL MAYER is opening up additional technological growth potential and an innovative solutions portfolio in the flat knitting sector. STOLL is an international industry leader with approx. 1000 employees and offers innovative tools and services for the knitting of tomorrow.<\/p>\n<p style=\"text-align: justify;\">KARL MAYER is an innovative market <a href=\"https:\/\/www.karlmayer.com\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\">leader<\/a> for solutions in Warp Knitting, Warp Preparation for Weaving and Technical Textiles, with over 2300 employees worldwide.<\/p>\n<p style=\"text-align: justify;\">\u201cThe acquisition is an important step in our growth strategy and we are proud to welcome STOLL into our Group. STOLL is an internationally recognised brand in the textile industry and has comprehensive technological expertise and an experienced team in the knitting sector,\u201d explains Arno G\u00e4rtner, CEO of the KARL MAYER Group.<\/p>\n<p style=\"text-align: justify;\">With the acquisition, STOLL will become part of the global KARL MAYER Group, an independent family business. As a result, STOLL will benefit from the broad global positioning of KARL MAYER\u2019s sales, service and production sites, and from the opportunities for joint development, such as in the field of digital solutions.<\/p>\n<h2 style=\"text-align: justify;\"><strong>The portfolios of Karl Mayer Group and Stoll complement each other<\/strong><\/h2>\n<p style=\"text-align: justify;\">\u201cThis alliance brings together two very strong brands in textile machinery building whose solutions portfolios and regional presence complement each other brilliantly. This will enable us to expand and accelerate our innovation strategy in the areas of digitalization and technology, and strengthen our global presence. Our customers will be able to benefit directly from this and increase their competitiveness in the dynamically changing textile industry,\u201d says Andreas Schellhammer, CEO of STOLL.<\/p>\n<p style=\"text-align: justify;\">Both family-owned companies can look back on a long and successful company history; and at the same time prove themselves time and again as trendsetters. In their respective market segments, they represent innovation, quality, long-term orientation, reliability and comprehensive expertise.<\/p>\n<p style=\"text-align: justify;\">The complementary product portfolios and an even greater regional presence in all relevant markets; will create new, high-level expertise in the international textile market. KARL MAYER is thus the only company in the textile industry; to offer industry-leading solutions for the two main stitch-forming processes: knitting and warp knitting.<\/p>\n<p style=\"text-align: justify;\">The group of companies will thus be even more broadly positioned in the future with the business areas; Warp Knitting, Technical Textiles, Warp Preparation, Flat Knitting and Digital Solutions. Customers can be accompanied beyond the boundaries of technology.<\/p>\n<figure id=\"attachment_35171\" aria-describedby=\"caption-attachment-35171\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-35171 size-full\" src=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2020\/02\/karl-mayer-detail.jpg\" alt=\"KARL MAYER Group acquired STOLL\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2020\/02\/karl-mayer-detail.jpg 1200w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2020\/02\/karl-mayer-detail-768x432.jpg 768w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2020\/02\/karl-mayer-detail-696x392.jpg 696w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2020\/02\/karl-mayer-detail-1068x601.jpg 1068w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-35171\" class=\"wp-caption-text\">KARL MAYER Group acquired STOLL<\/figcaption><\/figure>\n<h2 style=\"text-align: justify;\"><strong>STOLL will continue to exist<\/strong><\/h2>\n<p style=\"text-align: justify;\">The contract is an asset deal. The well-established STOLL brand will be continued unchanged within the Group. KARL MAYER is therefore not only expanding its portfolio, but is also strengthening its market position with the new brand.<\/p>\n<p style=\"text-align: justify;\">\u201cOur clients were always our focus when preparing the transaction. By becoming part of the KARL MAYER Group; customers will benefit from additional impetus for innovation; particularly with regard to overarching issues such as digitalization. There will be no change to the usual customer support and service\u201d; the CEOs of both companies are keen to emphasize.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of its growth strategy, the KARL MAYER Group has concluded an agreement to acquire the STOLL Group. The contract was signed on 26 February 2020, and the STOLL Group is to be part of the KARL MAYER Group from 1 July 2020. By acquiring STOLL, KARL MAYER is opening up additional technological growth [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":35169,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9859],"tags":[11532,10380,11654],"class_list":{"0":"post-35173","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-topical","8":"tag-acquisition","9":"tag-karl-mayer-en","10":"tag-stoll-en"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>KARL MAYER Group acquired STOLL - Textilegence<\/title>\n<meta name=\"description\" content=\"As part of its growth strategy, the KARL MAYER Group has concluded an agreement to acquire the STOLL Group. 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It focuses on the textile industry and sub-segments. The platform provides news, articles, and updates on various aspects of the textile industry, including sustainability, technological advancements, and market trends.\",\"email\":\"editor@textilegence.com\",\"telephone\":\"+90 212 442 24 12\",\"legalName\":\"Textilegence Mag and Digital Platform\",\"foundingDate\":\"2013-01-01\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"1\",\"maxValue\":\"10\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/#\\\/schema\\\/person\\\/8dbf2ab62ffdf644153f8c0f9c991f78\",\"name\":\"Emirhan \u00c7ilo\u011flu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/emirhan.jpg\",\"url\":\"https:\\\/\\\/www.textilegence.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/emirhan.jpg\",\"contentUrl\":\"https:\\\/\\\/www.textilegence.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/emirhan.jpg\",\"caption\":\"Emirhan \u00c7ilo\u011flu\"},\"description\":\"Mahmut Emirhan \u00c7ilo\u011flu, \u0130stanbul\u2019da H\u00fcsn\u00fc M. \u00d6zye\u011fin Anadolu Lisesi\u2019nde lise e\u011fitimini tamamlam\u0131\u015f, sonras\u0131nda da \u0130stanbul \u00dcniversitesi\u2019nde Amerikan K\u00fclt\u00fcr\u00fc ve Edebiyat\u0131 lisans b\u00f6l\u00fcm\u00fcnden ba\u015far\u0131yla mezun olmu\u015ftur. 2021 itibari ile Textilegence\u2019da pazarlama ve d\u0131\u015f ili\u015fkiler sorumlusu olarak g\u00f6rev almaya ba\u015flayan \u00c7ilo\u011flu, kurumsal ileti\u015fimin g\u00fc\u00e7lendirilmesine katk\u0131 sa\u011flamaktad\u0131r.\",\"sameAs\":[\"https:\\\/\\\/www.textilegence.com\",\"https:\\\/\\\/www.facebook.com\\\/TextilegenceMagazine\",\"https:\\\/\\\/www.instagram.com\\\/textilegence\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/emre-yoleri-26151940\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/textilegence\"],\"url\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/author\\\/emirhan-ciloglu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"KARL MAYER Group acquired STOLL - Textilegence","description":"As part of its growth strategy, the KARL MAYER Group has concluded an agreement to acquire the STOLL Group. 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