Corporate Update

Rieter Completes Barmag Acquisition, Strengthens Position in Global Fiber Systems Market

Rieter Completes Barmag Acquisition, Strengthens Position in Global Fiber Systems Market
Last updated on 
Author: TEXTILE VALUE CHAIN

Rieter has completed the acquisition of Barmag with effect from February 2, 2026. Following the transaction, Barmag will be consolidated into Rieter’s financial results from this date and incorporated within the group as a dedicated “Man-Made Fiber” Division.

The acquisition positions Rieter as a leading system provider across both natural and synthetic fiber technologies. Barmag’s management structure will remain unchanged, with Georg Stausberg continuing to head the business unit. In addition to his operational responsibilities, he will also become a member of the Rieter Group Executive Committee and will report directly to Thomas Oetterli, Chief Executive Officer of Rieter.

The transaction has been funded through the capital increase completed in October 2025, together with long-term bank financing. Rieter stated that the acquisition is supported by solid liquidity within its operating entities and by an expanded revolving credit facility.

Thomas Oetterli, CEO of Rieter, said,
“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.”

With the integration of Barmag, Rieter aims to broaden its technological capabilities in filament and man-made fiber processing while further developing automation and digital solutions across its system portfolio.

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