Italy-based Santoni S.p.A. reports it will sell its SWD warp knitting technology to Japan-based Nippon Mayer Ltd., a Germany-based Karl Mayer Textilmaschinenfabrik GmbH company. Mayer will acquire the complete range of products including patents and equipment, as well as the complete stock of machinery and spare parts. In addition, Nippon Mayer has assumed responsibility for servicing previously installed machines. According to Karl Mayer, it will integrate the SWD technology into its double needle bar competence center in Japan.
Moving forward, Santoni will concentrate on advancing its core circular knitting business.
July/August 2016
