Kornit Digital Ltd. – an Israel-based leader in digital textile printing technology – has announced that it has entered into a definitive agreement to acquire Tesoma.
Germany-based Tesoma is globally recognised for the high-quality engineering and performance of its cutting-edge textile curing solutions.
With this acquisition, Tesoma will support Kornit’s strategy to add smart automation capabilities within its innovative, sustainable on-demand production solutions, empowering customers to improve productivity, optimise quality and reduce the total cost of ownership.
“Kornit is writing the operating system for on-demand sustainable fashion. 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,” commented Ronen Samuel, CEO, Kornit Digital.
Ronen further added, “We have 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.”
“We are excited to join the Kornit team and be an integral part of its journey to transform the fashion and textile industry. As partners, we have been working closely together with Kornit on innovative next-generation solutions and we are enthusiastic to join forces, as one team, and accelerate Kornit’s mission to elevate the industry standard, with intelligent user functionalities and Industry 4.0 connectivity,” shared Andreas Irmscher, Manager of Design Engineering at Tesoma.
The acquisition is expected to be completed on or before 1 April 2022, following the satisfactory completion of business transition and integration plans.
