# Santoni Shanghai acquires Terrot GmbH

Santoni Shanghai Knitting Machinery Co. Ltd. acquired Terrot GmbH, a German manufacturer of circular knitting machines, on September 13, 2019.

- Type: Acquisition
- Announced: 2019-09-13
- Where: Chemnitz, Germany, Germany
- Status: completed
- Products: circular knitting machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Santoni Shanghai Knitting Machinery Co. Ltd.](https://endata.com/companies/45921.md) (acquirer)
- [Terrot GmbH](https://endata.com/companies/45922.md) (target)

## Sources

- [textilegence.com](https://www.textilegence.com/son-dakika-tekstil-haberleri/), 2020-03-13: "Santoni Shanghai 13 Eylül'de Almanya, Chemnitz merkezli yuvarlak örgü makinelerinin önemli üreticilerinden Terrot GmbH'yi stratejik olarak satın aldığını duyurdu."

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