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  5. Santoni Acquires Terrot

M&A Deal Summary

Santoni Acquires Terrot

On September 12, 2023, Santoni acquired machinery company Terrot

Acquisition Highlights
  • This is Santoni’s 1st transaction in the Machinery sector.
  • This is Santoni’s 1st transaction in Germany.

M&A Deal Summary
Date 2023-09-12
Target Terrot
Sector Machinery
Buyer(s) Santoni
Deal Type Add-on Acquisition

Target

Terrot

Chemnitz, Germany
Terrot is a manufacturer of circular knitting machines. Terrot's product range extends from the finest single and double jersey circular knitting machines to highly developed electronic double jacquard machines. Terrot is based in Chemnitz, Germany.

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Buyer(S) 1

Buyer

Santoni

Shanghai, China
Category Company
Founded 2005
Sector Business Services
DESCRIPTION

Santoni offers a full range of innovative textile knitting products and solutions to its customers. Santoni was founded in 2005 and is based in Shanghai, China.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2023 M&A 1 of 1
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