Kornit to acquire German textile-curing company
Kornit Digital Ltd announced it has entered into a definitive agreement to acquire Germany-based Tesoma.
Tesoma is known for its textile dryers and special industrial machines for a wide range of applications.
The acquisition will align with Kornit’s strategy to add smart automation capabilities within its sustainable solutions.
Kornit’s solutions aim to empower customers to improve productivity, optimise quality, and reduce the total cost of ownership, all in a more sustainable production environment.
“Digitising the production floor is a key pillar of our strategy and the acquisition of Tesoma will allow us to continue accelerating on our mission to transform this industry, with innovative and sustainable, never-before-seen, on-demand textile production solutions,” said Ronen Samuel, Kornit Digital Chief Executive Officer.
“We’ve been working with Tesoma’s phenomenal engineering team on revolutionary product innovations and unique integration concepts, and I am very excited with our immediate and longer-term roadmap plans.”
Tesoma is a long-time partner of Kornit Digital, having worked together on next-generation solutions.