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Mayer Braiding GmbH merges with former parent company Mayer & Cie. GmbH & Co.

2/16/21 -- At the end of 2020, Mayer Braidtech GmbH merged with Mayer & Cie. GmbH & Co. KG, its former parent company.

A press release explained the details as follows. Braiding machine production and sales will be a separate division of the former parent company. With this move, the circular knitting machine manufacturer has formally completed the integration of Mayer Braidtech GmbH at the company’s Albstadt headquarters. It began in January 2019 when the production of braiding machines got under way in Albstadt. Mayer & Cie.’s sister company Mayer Industries had previously manufactured in Orangeburg, South Carolina, the braiding machines that make reinforcements for high-pressure hoses.

“By integrating Mayer Braidtech into Mayer & Cie. GmbH & Co. KG, we have formally completed a process that for us has long been accomplished on a day-to-day work basis,” said Patrick Moser, business unit manager of Mayer Braidtech and future head of Mayer & Cie.’s braiding division. The production of braiding machines in Albstadt has been under way at full capacity since the beginning of 2019; sales of the machines had long been based in Albstadt. “That is why the braiding machines are old friends, as it were, at our main factory,” he said, adding that there had been, as hoped, synergy effects of circular knitting and braiding machine production. “We definitely benefit from one another, be it in manpower, logistics or simply in sharing news and views.”

Read 317 times Last modified on February 16, 2021
Mark Marselli