The acquisition of Stoll by Karl Mayer has set course for the formation of a trans-technology global player, who changes the world of its customers and of the textile sector. With this acquisition, Karl Mayer has become the leading provider of solutions for the two most important stitch- forming processes, flat knitting, and warp knitting. The company’s entire expertise in the fields of warp knitting, flat knitting as well as technical textiles, warp preparation for weaving and digital solutions is now housed under one roof.
Stoll will continue its activities within 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. Karl Mayer also relies on Stoll’s proven management. The previous CEO, Andreas Schellhammer, will become president of the Stoll business unit within Karl Mayer, according to a press release by Karl Mayer.