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ANDRITZ to acquire Laroche of France
ANDRITZ has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France.
Karl Mayer’s Stoll acquisition complete
Stoll will continue its activities within the Karl Mayer as autonomous business unit. The brand will be carried on independently, and represents Karl Mayer’s expertise in the field of flat knitting technology.
Official transfer from STOLL to the KARL MAYER Group
With the so-called closing, the merger of the two world market leaders, KARL MAYER and STOLL, was officially completed on July 1, 2020. The relevant agreements were signed on February 26, 2020, thus, setting the course for the formation of a trans-technology global player, who changes the world of its customers and of the textile sector.
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