The German family-run enterprise Karl Mayer acquired Stoll on February 26, 2020. The merger of the two world market leaders was officially completed on July 1, 2020.
"The established Stoll brand broadens the portfolio of the global player, Karl Mayer, by competencies in the field of flat knitting. It will be continued and further developed as an independent business unit within the corporate group," Karl Mayer said in a statement.
After the acquisition of Stoll, the Karl Mayer Group is the only supplier of innovative solutions for warp knitting and flat knitting.
ALCHEMPro News Desk (RKS)
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