Karl Mayer acquired Stoll on 26 February 2020, with the merger completed on 1 July 2020. As of 12 August 2020, two Karl Mayer companies were renamed to Karl Mayer Stoll Textilmaschinenfabrik GmbH and Karl Mayer Stoll R&D GmbH.
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.
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.
STOLL, a manufacturer of flat knitting machinery, broke ground on July 26, 2019, for a new development and customer centre in Reutlingen-Betzingen, Germany, as part of a two-phase relocation of its headquarters. The first phase includes a development centre for about 70 employees.
| Site | Largest | Latest |
|---|---|---|
| Reutlingen-Betzingen, Germany | 2019-07-26 |