#Spinning

2025-10-02

Rieter announces successful completion of rights issue

Rieter Holding Ltd. has successfully completed its rights issue: 99.06% of subscription rights were exercised by the end of the subscription period on October 1, 2025. The remaining shares will be placed on the market.

Together with a private placement to the two largest shareholders, the capital increase will generate net proceeds of around CHF 462 million. The funds will be used to finance the acquisition of Barmag. The first trading day of the newly issued shares is expected on October 2, 2025, with settlement scheduled for October 6, 2025.

CEO Thomas Oetterli commented: “The successful completion of the capital increase is a decisive milestone in the acquisition of Barmag and the final step in the financing of the transaction. We are grateful for the trust of our shareholders and look forward to driving the transformation of Rieter with new momentum”.

Rieter adjusts group structure in preparation for Barmag integration

The planned acquisition of the “Barmag” Division of OC Oerlikon will create the leading system provider worldwide for natural and man-made fibers. Rieter is confident it will receive all regulatory approvals to complete the acquisition in the fourth quarter of 2025. The Rieter Group is therefore adjusting its Group structure as of January 1, 2026, to take this acquisition into account and to be able to provide an even more agile response to market challenges.

Rieter reports stable order backlog and strategic progress – outlook for 2025 adjusted

In its Investor Update 2025, Rieter announced an order intake of CHF 203.9 million in the third quarter and CHF 559.3 million after nine months, reflecting a continued cautious investment climate in the textile machinery sector. Sales totaled CHF 121.5 million in the third quarter and CHF 457.7 million for the first nine months of the year, while the order backlog stood at around CHF 590 million as of September 30, 2025.

Rieter will highlight the fully automated spinning mill at ITMA Asia 2025

Precision, speed and cost efficiency are all indispensable, especially in challenging times. Rieter has put together a powerful portfolio for ITMA ASIA + CITME 2025 that gives spinning mills the chance to actively shape the future through intelligent automation. By applying smart machine networking, process optimization and increased production efficiency, the portfolio facilitates the comprehensive transformation of spinning mills while reinforcing their competitiveness. This, in turn, enables customers to further consolidate their leading market positions. At the same time, the portfolio is a key milestone on the way to achieving Rieter’s vision 2027 – the fully automated spinning mill.

FET prepares for final exhibition of 2025

Fibre Extrusion Technology Ltd (FET) of Leeds, UK has completed its second major exhibition of 2025 at ITMA ASIA in Singapore, which is aimed at the textile and garment industry in South and Southeast Asia and the Middle East. Once again, this trade show proved to be a successful one for FET, with considerable interest from several countries surrounding China.

T-CAN – Revolutionizing can transport

In virtually all spinning mills, transporting sliver cans is still done manually. Rising labor costs, lack of operators and increasing quality requirements make this a growing challenge. With T-CAN, Trützschler introduces a practical solution: a fully automated can transport system that will be presented live at ITMA ASIA 2025 in Singapore.

textile.4U publishes special edition “Top 100 Textile Recycling Companies 2025”

With a comprehensive 176-page special edition, textile.4U is dedicating its latest issue entirely to one of the most dynamic and influential topics in today’s textile industry: textile recycling. The new issue, published exclusively in high-quality print, presents the Top 100 textile recycling companies researched and selected by TexData – organizations that already play a key role in the transition to circular textiles or are expected to have a significant impact in the near future.

Cooperation in the field of meltblown laboratory technology

The Nonwoven Institute (NWI) at North Carolina State University and Oerlikon Nonwoven will be collaborating in the field of meltblown laboratory technology in the future. This was announced by Professor Raoul Farer, Executive Deputy Director of the NWI and Professor at the Wilson College of Textiles at North Carolina State University, and Dr. Ingo Mählmann, Sales Director Nonwoven at Oerlikon Neumag, during this year's ITMA Asia and CITME in Singapore.

European Commission imposes registration on imports of PET spunbond from China

On 15 September 2025, the European Commission opened an Anti-dumping (AD) investigation into imports of PET spunbond from China following a complaint by the EU industry (AD738). On 2 December 2025, the Commission made imports of PET spunbond from China subject to registration. This is an important milestone in the proceedings.

Mayer & Cie. to shut down after failed search for investor – 270 jobs affected

Mayer & Cie., the long-established German manufacturer of circular knitting and braiding machines, will cease operations after its international search for an investor ended without success. The company, based in Albstadt-Tailfingen, had been undergoing insolvency proceedings in self-administration since its filing on 23 September 2025. As Schwarzwälder Bote reports, the insolvency court has now formally opened the proceedings, triggering the decision to wind down the business in an orderly process.