Mergers and Acquisitions
KARL MAYER stands for innovation, quality and reliability in textile machine development and manufacturing. In mid-2020, we realised another major step towards becoming a comprehensive textile and clothing solution provider with the acquisition of flat knitting machine manufacturer STOLL. We intend to develop further , diversify more by making additional acquisitions , and continue our success story... Beyond textile.
HOW WE SEE OURSELVES
The KARL MAYER GROUP is a family-owned business with 3,300 employees worldwide. We see ourselves as the most innovative solution provider of machines that offer the best price-performance ratio, of the best service and of the best digitalisation solutions.
With manufacturing locations in or close to our main markets, we ensure that we are always close to our customers. A robust strategy that aims for sustainable and long-term success, coupled with a strong financial background, puts us in the position to shape markets. Our business unit structure helps us to focus our efforts on customer benefits, and to maintain an entrepreneurial spirit. We use our brand names to position our products and their benefits in our markets.
OUR GROWTH AND DIVERSIFICATION STRATEGY
With our earlier acquisitions, we focused on the takeover of competitors and the purchase of technologies to strengthen positions in our existing markets.
With the acquisition of STOLL in 2020, we now have an additional textile manufacturing technology. STOLL has been integrated as an independent business unit into our group, will keep its strong brand name and is ready for further growth.
Our aim of continued inorganic growth goes beyond the limits of the textile world. We are interested in companies that are leading in their respective field and ideally have strong brands. The technologies should match or complement our expertise. Also, it is important that we have the same corporate culture and values.
Our search area encompasses businesses, carve outs, spin-offs and shareholdings. They should match our current expertise or complement it. The following areas are of particular interest to us:
INDUSTRY: Capital goods and services
FUTURE: Future-focused fields sustainability and circular economy.
Of course, we will also continue to be interested in opportunities for expanding our spectrum in the area of TEXTILE. We are particularly interested in family businesses that share our values and corporate culture.
START-UPS: Start-ups, once beyond the establishment phase, are also a good match for us.
OUR AREAS OF EXPERTISE
The essential expertise to handle merger and acquisition processes, we have inhouse. We will only involve external expertise in later stages when transaction-specific details become important.
For us, transaction security means:
We use our own funds for financing and benefit from clear, well-organised structures and flat hierarchies.
Uncomplicated processes involving a small group of stakeholders guarantee prompt decision-making even in complicated situations.
A sensitive approach to post-merger integration is important to us.
We use the term synergy in the actual sense of the word: cooperation. We expect to learn from each other, combine our areas of expertise, and jointly develop and grow.
We allow plenty of time for important changes of direction, we take as long as it needs, we prepare ourselves well and act with prudence. Our financial independence puts us in the comfortable position of having to consider only our own corporate aims.