Rieter Completes Acquisition of Barmag

Rieter has successfully completed the acquisition of Barmag as of February 2, 2026. This strategically important acquisition makes Rieter the world’s leading system provider for natural and synthetic fibers. Barmag will be consolidated as of February 2, 2026, and integrated into the Rieter Group as the “Man-Made Fiber” Division. The management of Barmag will remain with the company. Georg Stausberg will continue to lead the division and report to Thomas Oetterli, CEO of Rieter. At the same time, he will join the Group Executive Committee.

The transaction is financed by the capital increase completed in October of last year as well as by long-term bank loans. In addition to substantial cash reserves in its operating units, Rieter also has a significantly increased revolving credit facility at its disposal.

Thomas Oetterli, CEO of Rieter: “Barmag’s know-how is a perfect fit for Rieter and will accelerate profitable growth as well as strengthen our market leadership in the important region of Asia. The acquired filament know-how will help to expand our areas of expertise as a system provider and further advance automation and digitization solutions. This is the start of a successful future together and an important milestone in the implementation of our corporate strategy.”

About Rieter
Rieter is the world’s leading supplier of systems for manufacturing yarn from staple fibers to spinning mills. Based in Winterthur (Switzerland), the company develops and manufactures machinery, systems and components used to convert natural and man-made fibers and their blends into yarns in the most cost-efficient manner. Cutting-edge spinning technology from Rieter contributes to sustainability in the textile value chain by minimizing the use of resources. Rieter has been in business for around 230 years, has 18 production locations in ten countries and employs a global workforce of around 4 400, about 15% of which is based in Switzerland. Rieter is listed on the SIX Swiss Exchange under ticker symbol RIEN. www.rieter.com

Disclaimer
All statements in this report which do not refer to historical facts are forecasts that offer no guarantee whatsoever with respect to future performance; they embody risks and uncertainties which include – but are not limited to – future global economic conditions, exchange rates, legal provisions, market conditions, activities by competitors and other factors which are outside the company’s control. This text is a translation of the original German text.