At ITM 2026, Mayer Mümessillik will showcase a selection from Mayer & Cie.’s current product portfolio. The presentation of the long-standing Turkish agent at booth 303B in hall 3 will also include some of the latest machines. Xu Hongjie, the future owner of Mayer & Cie., will also be present at the show. The company is approaching the final stage of its transition, with all required regulatory approvals now secured from both German and Chinese authorities, paving the way for the formal closing.
“ITM is one of the most important trade fairs in the textile machinery industry,” says Stefan Bühler. The long-standing Area Sales Manager has recently rejoined the Mayer & Cie. successor company. He adds: “Accordingly, Mayer & Cie.’s participation in ITM 2026 carries significant importance.”
At least two circular knitting machines will be featured at the Mayer Mümessillik booth at ITM 2026. Customers and visitors will have the opportunity to explore a selection of the current product portfolio and meet the new owner in person.
“We have always been convinced of the excellent engineering and technology of Mayer & Cie. machines,” says Kahraman Güveri, partner at Mayer Mümessillik. Güveri welcomes that Mayer & Cie. has found an investor and sees great potential in the restart: “The future owner combines German textile machinery tradition with a global mindset and an agile management philosophy.”
Current status: Major milestone achieved
Mayer & Cie. initiated insolvency proceedings in December 2025. In February 2026, Xu Hongjie, a member of the family that owns Huixing, acquired the circular knitting business. The purchase agreement was signed on February 9.
The company has since been undergoing a transition phase, as completion of the transaction required approvals from both Chinese and German authorities. These approvals have now been granted. “This marks a decisive milestone in the process,” says company spokesperson Claudia Bitzer.
With all regulatory clearances in place, Mayer & Cie. is now moving ahead to the formal closing. “The closing is the key requirement to fully resume business operations.”
The successor company expects the transaction to be formally completed by the end of the month.