Home / Knowledge / News / Textiles / Karl Mayer to acquire majority ownership of LIBA
Karl Mayer to acquire majority ownership of LIBA
27
Nov '13
On January 1, 2014 KARL MAYER will acquire the majority of the ownership of LIBA Maschinenfabrik GmbH, which in the future will be integrated into the KARL MAYER group.

For decades KARL MAYER and LIBA have been the leaders in the development, manufacturing and distribution of warp knitting machines and machines for the production of technical textiles.

Both involved parties are convinced that with the combined high level of technical knowledge of the two companies, the long term market leadership of German warp knitting machine manufacturing will be ensured.

To utilize the joint strengths, measures will be taken immediately to work on a fast integration of the two companies. Until then the business activities on both sides will continue without changes, especially in regard to products and market coverage.

The president and owner of LIBA Maschinenfabrik GmbH, Karlheinz Liebrandt will continue to hold shares of the company.

He will also keep his position as spokesperson of the company management. Marcus Kube is added to the management of the company from KARL MAYER's side. There is agreement with Karlheinz Liebrandt that the Naila operation will remain as a high technology location.

Karl Mayer


Must ReadView All

Courtesy: Bangladesh Bank

Apparel/Garments | On 22nd May 2018

Bangladesh Bank enhances EDF loan limit to $25 million

Bangladesh Bank has enhanced the loan limit under Export Development...

Sri Lanka's textile imports up 32.5% in February 2018

Textiles | On 22nd May 2018

Sri Lanka's textile imports up 32.5% in February 2018

In what might be an indication of higher exports in the coming...

Provide power at Rs 8/kWh to textile units: APTMA

Textiles | On 22nd May 2018

Provide power at Rs 8/kWh to textile units: APTMA

All Pakistan Textile Mills Association (APTMA) has asked the...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Top executives
Textile industry, India

The event should be organised every year

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search