Project Description

Morrison Textile Machinery Co. (“Morrison”) has acquired the dyeing, drying and fabric finishing equipment business of Kleinewefers Textile Machinery Co. The line represents the majority of Kleinewefers US based textile machinery business.

Morrison is a major manufacturer of complex textile manufacturing and web processing equipment based in Fort Lawn, South Carolina.

Kleinewefers is a German based manufacturer of process and manufacturing machinery for multiple industries.

Terms of the transaction were not disclosed. Philpott Ball & Werner served as advisor to Morrison.