Related Keywords: Karl Mayer, Liba, merger, technical textile machinery
Germany-based KARL MAYER has acquired the majority of the ownership of LIBA Maschinenfabrik GmbH, this move by the two worldwide leading companies will integrate their development, manufacturing and delivery of warp knitting and technical textile machinery according to plan.
Karl Mayer’s integration of fellow warp knitting machine builder Liba will be now officially rebranded as a member of the Karl Mayer Group, under the name KARL MAYER LIBA Textilmaschinenfabrik GmbH.