[pageLogInLogOut]
#Knitting & Hosiery
2026-02-12

Huixing acquires insolvent Mayer & Cie.

Insolvency proceedings for the circular knitting and braiding machine manufacturer Mayer & Cie. were opened on December 1, 2025. Immediately following the opening of proceedings, the complete cessation of business operations was initiated. Most employees were subsequently given notice effective the end of February 2026. The production of the remaining orders in the circular knitting segment is expected to be completed by the end of the month. As early as December 2025, Mayer & Cie.’s braiding machine division was sold to an Italian investor.

Older News

Dyeing, Drying, Finishing

2025-12-04

Navis TubeTex announces U.S. partnership with Icomatex

Navis TubeTex, a global leader in advanced dyeing and finishing machinery solutions, is pleased to announce a new partnership with Icomatex (www.icomatex.com), a respected European manufacturer of high-quality stenters and textile finishing equipment. Under this agreement, Navis TubeTex will exclusively represent the Icomatex stenter line in the United States.

...more

Man-Made Fibers

2025-12-04

Teijin and Asahi Kasei to merge textile subsidiaries into joint venture

Teijin Limited and Asahi Kasei Corporation have signed a definitive agreement to integrate their textile subsidiaries Teijin Frontier Co., Ltd. and Asahi Kasei Advance Corporation. The announcement was approved by Teijin’s Board of Directors on 1 December 2025 and marks a significant consolidation move within Japan’s advanced materials and textile sector.

...more

Knitting & Hosiery

2025-12-03

Mayer & Cie. to shut down after failed search for investor – 270 jobs affected

Mayer & Cie., the long-established German manufacturer of circular knitting and braiding machines, will cease operations after its international search for an investor ended without success. The company, based in Albstadt-Tailfingen, had been undergoing insolvency proceedings in self-administration since its filing on 23 September 2025. As Schwarzwälder Bote reports, the insolvency court has now formally opened the proceedings, triggering the decision to wind down the business in an orderly process.

...more
News Archive
TOP