# KARL MAYER forms joint venture with Rabatex and A.T.E. in India

KARL MAYER entered into a joint venture with Rabatex Industries and A.T.E. Group to form KARL MAYER Textile Machinery India Private Limited, majority owned by KARL MAYER, to enhance distribution in the Indian textile machinery market.

- Type: Acquisition
- Announced: 2019-04-24
- Where: India, India
- Status: announced
- Products: textile machinery, sectional warping machines, warpers, creels
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KARL MAYER](https://endata.com/companies/15437.md)
- [A.T.E. Group](https://endata.com/companies/27027.md) (partner)
- [Rabatex Industries](https://endata.com/companies/38928.md) (partner)

## Sources

- [nishithdesai.com](https://www.nishithdesai.com/dealcorner.aspx/karl-mayer-enters-into-a-joint-venture-with-rabatex-industries-and-the-ate-group-4042), 2019-04-24: "The joint venture aims to enhance the position and distribution in the Indian market for each of the joint venture partners."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.