Huixing Machine Co., Ltd. Acquires Insolvent Mayer & Cie.
ALBSTADT, Germany — February 10, 2026 — Insolvency proceedings against Mayer & Cie., a German manufacturer of circular knitting and braiding machines, were initiated on 1 December 2025. Immediately after the insolvency proceedings were opened, the entire business was shut down. Most employees were then given notice of termination at the end of February 2026.…

