# KARL MAYER completes merger with STOLL

KARL MAYER and STOLL completed their merger as of July 1, 2020, with STOLL continuing as an autonomous business unit within the KARL MAYER Group.

- Type: Acquisition
- Announced: 2020-07-01
- Where: Germany
- Status: completed
- Products: flat knitting machines, warp knitting machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [textilegence.com](https://www.textilegence.com/en/stoll-has-officially-become-a-part-of-karl-mayer/), 2020-07-22: "The merger between KARL MAYER and STOLL, each of which is a leader in its sector, was completed as of July 1, 2020."
- [indiantextilejournal.com](https://indiantextilejournal.com/karl-mayers-stoll-acquisition-complete-2/), 2020-08-01: "With the so-called closing, the merger of the two world market leaders, Karl Mayer and Stoll, was officially completed on July 1, 2020."
- [apparelresources.com](https://apparelresources.com/technology-news/manufacturing-tech/karl-mayer-extends-name-karl-mayer-stoll-following-merger-stoll/), 2020-08-19: "Karl Mayer, the leading textile machinery manufacturer, has extended its name to Karl Mayer Stoll as it successfully acquired Stoll, the flat knitting machine builder, with the merger officially completed on 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.