Worldwide market leader in sustainable, on-demand, digital fashion and textile production technologies, Kornit Digital has entered a definitive agreement to acquire Lichtenau, Germany-based Tesoma. As per a Globe News Wire report, the agreement will involve aligning of Tesoma’s technology and solutions with Kornit’s strategy to add smart automation capabilities within its innovative, sustainable on-demand production solutions. This will empower customers to improve productivity, optimize quality, and reduce the total cost of ownership.

Tesoma’s acquisition will allow Kornit to continue accelerating its mission to transform the industry, with innovative and sustainable, never-before-seen, on-demand textile production solutions, says Ronen Samuel, CEO, Kornit Digital. As partners, Tesoma has been working closely with Kornit on innovative next-generation solutions and accelerate its mission to elevate the industry standard, with intelligent user functionalities and industry 4.0 connectivity, adds Andreas Irmscher, Manager, Design Engineering, Tesoma. Together they aim to heighten the market’s expectations for clean, efficient, automated on-demand production, with a fully integrated solution that yields a superior, brilliant impression every time.

The acquisition is expected to be completed on or before April 1, 2022, following the satisfactory completion of business transition and integration plans.