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Official transfer from STOLL to the KARL MAYER Group
July 2020
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.
Textile industry stares at Rs 12k cr loss
April 2020
While the Covid-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the lockdown.
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