# Karl Mayer Group acquires Stoll Group

The Karl Mayer Group signed an agreement on February 26, 2020 to acquire the Stoll Group, an international leader in flat knitting. Stoll will become part of the Karl Mayer Group from July 1, 2020.

- Type: Acquisition
- Announced: 2020-02-26
- Status: announced
- Products: textile machinery, flat knitting machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [KARL MAYER](https://endata.com/companies/15437.md) (acquirer)
- [STOLL](https://endata.com/companies/40911.md) (target)

## Sources

- [texintel.com](https://www.texintel.com/press-room/karl-mayer-buys-stoll-to-create-a-new-strong-brand-within-the-karl-mayer-group), 2020-03-01: "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."

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