Taylor Wessing advises KARL MAYER on the sale of selected STOLL assets to Ningbo Cixing

Led by Frankfurt based partner Dr Max Reinhardt, Taylor Wessing has advised the KARL MAYER Group on the sale of selected assets of the former STOLL business unit to Ningbo Cixing Co., Ltd (Cixing Group). The transaction includes, amongst other things, the STOLL brand, selected materials and inventory, as well as certain technological assets. The parties have agreed not to disclose the financial details of the transaction. Completion of the transaction is still subject to customary closing conditions.

KARL MAYER announced in early 2025 that it would strategically focus on its core business areas of Warp Knitting, Warp Preparation and Technical Textiles. As part of this reorganisation, the flat knitting machine business operated under the STOLL brand was discontinued and the production site in Reutlingen was closed in October 2025.

Cixing is a leading Chinese manufacturer of computer-controlled flat knitting machines. By acquiring selected STOLL assets, Cixing aims to further expand its industrial base, supply chain expertise and international sales network.

Legal advisors to KARL MAYER

Taylor Wessing Germany: Dr Max Reinhardt (Corporate/M&A, Frankfurt); Mirco Sedki (Real Estate, Berlin); Michael Brüggemann and Tim Hendricks (both Regulatory, Düsseldorf)