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Santoni Shanghai finalizes Terrot acquisition
November 21st, 2023
Santoni Shanghai Knitting Machinery Co., Ltd. announced that it has received regulatory approval from the Chinese authorities for its proposed acquisition of Terrot GmbH, a leading manufacturer of circular knitting machines in Germany. The acquisition represents a pivotal step in Santoni’s strategy to advance the circular knitting machine industry. The integration of Terrot into the Santoni […]