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German circular knitting machines developer has new Chinese owner

13/09/2023
German circular knitting machines developer has new Chinese owner

Santoni Shanghai Knitting Machinery has announced the acquisition of Chemnitz-based manufacturer of circular knitting machines, Terrot.

It said this was the latest development on its path towards building “an ecosystem to reshape and consolidate the circular knitting industry”. Santoni Shanghai was founded and is wholly owned by Italian textile machinery developer the Lonati Group.

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