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STOLL: Agreement Signed For The Divestiture Of Selected Assets To Ningbo Cixing Co., Ltd.
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STOLL: Agreement Signed For The Divestiture Of Selected Assets To Ningbo Cixing Co., Ltd.
OBERTSHAUSEN , Germany — June 17, 2026 — In early 2025, KARL MAYER announced its strategic decision to focus on its core business areas of WARP KNITTING, WARP PREPARATION, and TECHNICAL TEXTILES. As part of this move, the flat knitting machine business under the STOLL brand was discontinued and the production site in Reutlingen was closed in October 2025. Against this backdrop, KARL MAYER has signed an agreement for the transfer of selected asse…
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