Kornit Digital announced that it has entered into a definitive agreement to acquire Lichtenau, Germany-based Tesoma.
Tesoma is globally recognized for the high-quality engineering and performance of its cutting-edge textile curing solutions.
Tesoma’s technology and solutions align with Kornit’s strategy to add innovative automation capabilities within its sustainable on-demand production solutions, empowering customers to improve productivity, optimize quality, and reduce the total cost of ownership – all in a more sustainable production environment.
The acquisition is expected to be completed on or before April 1, 2022, following satisfactory business transition and integration plans.
Kornit Digital is an Israeli-American international manufacturing company.
It produces high-speed industrial inkjet printers and pigmented ink and chemical products for the garment and apparel, home goods, and textile accessories decorating industry.
Ronen Samuel, Kornit Digital CEO, said,
“Kornit is writing the operating system for on-demand sustainable fashion. Digitizing the production floor is a key pillar of our strategy. The acquisition of Tesoma will allow us to continue accelerating our mission to transform this industry with innovative and sustainable, never-before-seen, on-demand textile production solutions. 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”.
