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Santoni Shanghai Finalizes Acquisition of Terrot, a Pivotal Realignment of the Circular Knitting Machine Industry

Santoni Shanghai Finalizes Acquisition of Terrot, a Pivotal Realignment of the Circular Knitting Machine Industry
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Santoni Shanghai acquires Terrot

Santoni Shanghai acquires Terrot
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Santoni Shanghai acquires a leading German knitting machinery maker Terrot in move to create a new ecosystem

Santoni Shanghai Knitting Machinery Co., Ltd., founded and wholly owned by Italy's Lonati family, today announced the strategic acquisition of Terrot GmbH, a leading manufacturer of circular knitting machines based in Chenmitz, Germany. The move comes as the latest development in Santoni Shanghai's long-term vision to build an ecosystem that aims to reshape and consolidate the circular knitting industry. The transaction will be finalized pending approval from Chinese regulatory authorities.

Santoni Shanghai Acquires A German Knitting Machinery Maker Terrot In Move To Create A New Ecosystem

Santoni Shanghai Acquires A German Knitting Machinery Maker Terrot In Move To Create A New Ecosystem
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