#Spinning

2024-02-01

Acquisition strengthening Rieter’s After Sales Business

Rieter Group, world leading supplier of systems for manufacturing yarn from staple fibers in spinning mills headquartered in Winterthur, Switzerland, has acquired the French company, Petit Spare Parts SAS, effective January 5, 2024. The acquisition is set to strengthen Rieter Group’s dynamic after-sales business.

Petit Spare Parts SAS is a renowned supplier in the textile world for spare parts, yarn guides, spindles and belts, based in Aubenas, France, and will be integrated seamlessly into Rieter’s after-sales network spanning 25 repair service stations in 20 countries. There are no structural or organizational changes foreseen.

The acquisition is an ideal fit that will strengthen Rieter's Business Group After Sales, offering enhanced services and support to clients worldwide. Rieter’s after sales business develops, produces and distributes spare parts for Rieter machines as well as upgrades, conversions and retrofits.

Rico Randegger, Head of the Rieter Business Group After Sales (c) 2024 Rieter

“We are thrilled to welcome Petit Spare Parts SAS into the Rieter family. This acquisition reinforces our commitment to excellence in the textile sector. Petit Spare Parts SAS brings valuable expertise to our Business Group After Sales, and we are confident that this collaboration will unlock new avenues for growth and innovation,” says Rico Randegger, Head of the Rieter Business Group After Sales.

“This alliance with Rieter Group represents an exciting chapter for Petit Spare Parts SAS. As part of a globally recognized textile brand, we anticipate significant opportunities for growth and development. Our commitment to delivering top-notch services remains unwavering, and we are eager to explore new possibilities and collaborations,” stated Vasileios Kalos, Managing Director at Petit Spare Parts SAS.

Rieter Annual General Meeting 2026: Shareholders approve all board proposals

At the Annual General Meeting of Rieter Holding Ltd. held on April 16, 2026, 342 shareholders representing 64.0% of the share capital approved all motions proposed by the Board of Directors. The shareholders adopted the Annual Report as well as the Financial Statements and Consolidated Financial Statements for 2025. They also granted discharge to the members of the Board of Directors and the Group Executive Committee for their activities in the reporting year. In an advisory vote, the 2025 Report on Non-Financial Matters was also approved.

Rieter advances strategic repositioning amid market volatility

Rieter successfully completed the acquisition of Barmag on February 2, 2026, and reached an important milestone in the company’s repositioning. Barmag will be integrated into the Rieter Group as the “Man-Made Fiber” Division. With this strategically transformative acquisition, Rieter is expanding its core business beyond the short-staple fiber business in a targeted way. This positions Rieter as the global market leader along the entire value chain for natural and man-made fibers. In addition, as a complete systems supplier, Rieter is further strengthening its technological leadership in the areas of automation and digitization.

Rieter responds to higher raw material prices

Global political and economic developments have been leading to rising raw material and energy costs for some time. The textile machinery industry is also affected by this trend. Rieter machines and components consist to a large extent of steel, copper, aluminum and electronics. These materials in particular have seen higher demand and higher prices in recent months.

Barmag and Neumag showcase innovations across all manmade fiber processes

For the first time, Barmag is presenting itself alongside its new parent company, Rieter: At this year’s ITM in Istanbul, both companies will be represented from June 9 to 13 at the Tüyap Fair Convention and Congress Center in Hall 7, Booth 702B. As a technology leader in the field of chemical fiber equipment, Barmag will showcase its entire portfolio of systems for filament yarn, staple fiber, and nonwoven production, as well as solutions for the networked factory.

SAHM Winding Solutions and Vandewiele Automation present integrated automation solution for winding processes

For the first time at the Techtextil trade fair in Frankfurt am Main, Germany (21 - 26 April), SAHM Winding Solutions (Hallo 12.0. / Booth 95) and Vandewiele Automation will be showcasing their combined automation expertise for industrial winding processes. Under the motto “Combining Automation. Maximizing Flow”, the two companies will demonstrate how automated package handling and robot-assisted yarn knotting can be integrated into a continuous production flow.

Walter Reiners Foundation Prize awarded to three ITA graduates

Sabina Dann, Lukas Balon and Annegret Storm from the Institut für Textiltechnik (ITA) of RWTH Aachen University were awarded the Walter Reiners Foundation Prize by the German Engineering Federation (VDMA) for their master’s and bachelor’s theses. Peter Dornier, Chairman of the Walter Reiners Foundation, presented the awards during Techtextil at the VDMA stand in Frankfurt am Main, Germany.