Santoni Shanghai finalises acquisition of Terrot

The acquisition represents a pivotal step in Santoni’s strategy to advance the circular knitting machine industry. The integration of Terrot into the Santoni ecosystem is projected to increase Santoni’s production capacity and boost its market share, and in conjunction with other strategic objectives, firmly solidify Santoni’s position as the leading manufacturer in the industry, with unrivalled scale, depth of innovation, and expertise, Terrot and Santoni said in a joint press release.

Seeking to meet rising demand for high-end circular knitting products, Santoni has pursued an ecosystem strategy in recent years, aiming to unify a highly fragmented industry and enhance innovation, sustainability, and digitalisation to more effectively meet market needs.

The deployment of both parties’ latest innovation practices, textile automation offerings, integrated enterprise services, C2M solutions, and a platform for designers ‘Materialliance’, will allow Santoni Shanghai and Terrot to connect and bridge demand and offer of circular knitted products, delivering substantial added value to clients.

By incorporating Terrot’s offerings, particularly in the double jersey and jacquard sector, Santoni stands to gain a competitive edge in offering high-efficiency machines known for their superior performance, low maintenance, and cost-effectiveness. Highlighting this shift, Terrot’s patented UCC 572-T will be showcased during ITMA Asia + CITME in the Santoni’s Shanghai premises. This state-of-the-art high-feeder transfer jacquard machine for sports and leisurewear in fine gauges will offer a glimpse into the potential of future collaboration.

“I am very excited about today’s announcement. The acquisition of Terrot, including the reputable Pilotelli brand, will allow us to deliver on our commitment to building a stronger, more consolidated global ecosystem capable of yielding a sustained competitive advantage in the circular knitting machine industry. Looking ahead, we aim to cultivate an even more extensive talent pool and solutions portfolio, creating synergies that empower us to deliver a superior knitting experience to our customers,” said Gianpietro Belotti, CEO of Santoni Shanghai.

“Today’s excellent news represents the coming together of two outstanding teams. Santoni Shanghai’s strategic acquisition broadens our global manufacturing capabilities, augments our technological expertise, and strengthens every link along the supply chain, allowing us to offer innovative textile performances to the global market more effectively,” said Robert Czajkowski, managing director of Terrot GmbH.

“We look forward to upholding Terrot’s ‘Made in Germany’ heritage while further growing its strong brand at Santoni. With our shared passion for innovation and our mutual vision for a more efficient and sustainable textile and apparel industry, we are poised to drive incredible transformation by enhancing the production of superior textile machinery and inspiring customers with fresh approaches to growth,” said Dirk Lange, Terrot GmbH co-managing director.

Following the acquisition, Terrot will continue to operate under the leadership of managing directors Robert W Czajkowski and Dirk Lange. Santoni plans to maintain Terrot’s headquarters in Chemnitz, Germany, along with its facilities, brands, and practices.

Fibre2Fashion News Desk (NB)