RieterNewsMachineriesTextile Machinery

Rieter strengthens global textile machinery leadership with Barmag acquisition

BTJ News Desk
SHARE
Rieter strengthens global textile machinery leadership with Barmag acquisition

Swiss textile machinery manufacturer Rieter has officially completed the acquisition of Barmag, a landmark move that positions the group as the world’s leading system provider for both natural and synthetic fibers.

Effective from February 2, 2026, Barmag has been fully consolidated into the Rieter Group and will operate as the “Man-Made Fiber” Division. The existing management team will remain in place, with Georg Stausberg continuing to lead the division. He will report directly to Thomas Oetterli, Chief Executive Officer of Rieter, and will also join the Group Executive Committee.

The acquisition was financed through a capital increase completed in October 2025, complemented by long-term bank loans. Rieter said it maintains a strong financial position, supported by substantial cash reserves across its operating units and a significantly expanded revolving credit facility.

Commenting on the completion of the deal, Thomas Oetterli said Barmag’s technological expertise is a strong strategic fit for Rieter. He noted that the integration will accelerate profitable growth, enhance market leadership—particularly in Asia—and significantly expand Rieter’s capabilities in filament technologies, automation and digitalization.

Industry analysts view the acquisition as a major strategic milestone for Rieter, enabling the group to deliver end-to-end solutions across the full fiber value chain, from spinning of natural fibers to advanced man-made fiber systems. The move is expected to strengthen Rieter’s long-term growth prospects and reinforce its position in key global textile markets.

The transaction marks an important step in the execution of Rieter’s corporate strategy, underscoring its ambition to lead the next phase of innovation in the global textile machinery industry.

SHARE