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Cixing Group signed a strategic acquisition agreement in Frankfurt to acquire select core assets of the Stoll brand from Karl Mayer. The deal unites Stoll's German precision engineering with Cixing's large-scale manufacturing and global network, with priorities in high-end fashion, technical textiles, and knitting robots.
“We have signed a strategic acquisition agreement in Frankfurt with representatives of the owner of the Stoll – which has a history of over 150 years.”knittingindustry.com
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