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Santoni Shanghai acquires Terrot
September 12th, 2023
Santoni Shanghai Knitting Machinery Co., Ltd., founded and wholly owned by Italy's Lonati family, announced the strategic acquisition of Terrot GmbH, a manufacturer of circular knitting machines based in Chenmitz, Germany. The move comes as the latest development in Santoni Shanghai's long-term vision to build an ecosystem that aims to reshape and consolidate the circular knitting industry. The transaction […]