[pageLogInLogOut]

#Yarn & Fiber

Rieter sells real estate in Ingolstadt

Rieter sells its real estate in Ingolstadt (Germany) to GERCHGROUP AG of Düsseldorf (Germany). The respective purchase agreement was notarized today. As a result of the sale, the Rieter Group anticipates an extraordinary profit contribution after taxes of around 60 million euros in 2019. Rieter expects to close the transaction in the third quarter of 2019.
  • Sale of real estate to GERCHGROUP AG
  • Completion of the transaction in the third quarter of 2019
  • Extraordinary profit contribution of around 60 million euros expected in 2019

The employees remaining in Ingolstadt will move into a new building in the second half of 2021. Rieter thus creates a modern working environment for innovative research and development work and the respective support functions.

More News from Rieter Ingolstadt GmbH

More News on Yarn & Fiber

#Sustainability

The first widely accessible Life Cycle Assessment study for cashmere production published by Textile Exchange.

Crucial new data to better understand, measure, and address the impacts of cashmere production has been made available to the fashion, textile, and apparel industry through a new Life Cycle Assessment (LCA) published by Textile Exchange.

#Yarn & Fiber

R-Evenge chooses Q-NOVA® yarn by Fulgar for its line of technical socks dedicated to wellness

Q-NOVA®, Fulgar’s sustainable polyamide 6.6 yarn, has been selected by R-Evenge for the development of its collection of technical socks dedicated to wellness, fitness, and water-based activities.

#Yarns

Yarn Expo Shenzhen 2026 closes doors, advancing sustainable and innovative sourcing in South China

Yarn Expo Shenzhen 2026 served as a strategically positioned mid-year sourcing platform for the Greater Bay Area, highlighting Shenzhen’s role in connecting regional demand, supply and innovation exchange across the textile value chain. During the three-day fair, over 20,000 visits were drawn from 74 countries and regions[1], as exhibitors and buyers engaged with new developments in greener, performance-led, and value-added yarn and fibre solutions. Held in conjunction with Intertextile Shenzhen Apparel Fabrics and PH Value, the fair underscored the benefits of closer synergy and new materials across yarn, fabric and apparel platforms for the South China market.

#Yarns

Yarns and technologies in symbiosis: Biella Yarn presents Fall/Winter 2027/2028 collection “New Romance_”

Biella Yarn, the flat knitting brand of Suedwolle Group, launches new Fall/Winter 2027/2028 collection, inspired by the symbiosis of yarns and technologies – elements that blend, adapt and evolve together, forming something new without losing their origin. The name “Neu Romance_” reflects the emotional and neurological dimension of the yarns: a connection that engages the senses, experienced through material, touch and interaction. The collection is further brought to life through design collaborations, featuring selected yarns used in different design approaches.

Latest News

#Spinning

Rieter sees Barmag integration on track as orders and sales rise

The first half of 2026 was shaped by the successful completion of the largest acquisition in Rieter’s history. The Man-Made Fiber Division enables entry into the growth segment of man-made fibers and sustainably strengthens Rieter’s market position in the Asia region. The expanded Group is now the world’s leading system supplier for the processing of natural and man-made fibers. In the first half of the year, initial cost savings in material costs and operating expenses have already been realized. The targeted synergies are expected to amount to at least CHF 20 million by the end of the 2028 financial year. Due to the completion of the acquisition on February 2, 2026, the first half of the year for the Man-Made Fiber Division only amounts to five months.

#Knitting & Hosiery

Groz-Beckert at Igatex 2026

From October 15 to 18, 2026, Groz-Beckert will present its latest innovations and solutions across the product areas of Knitting, Weaving, Sewing and Spinning at Igatex in Pakistan (Hall 1, Booth A-1-08).

#Natural Fibers

Better Cotton Initiative multistakeholder event in US unpacks regenerative agriculture potential

The Better Cotton Initiative (BCI), in collaboration with Texas-based partner, Quarterway Cotton Growers, will expand upon its annual US field event to relay the vast potential of regenerative agriculture through an immersive experience of tours and demonstrations.

#Sustainability

bluesign appoints Hanane Taidi as CEO to lead next phase of global impact

bluesign, which partners with the textile industry to reduce adverse impact across the value chain, appoints Hanane Taidi as Chief Executive Officer, marking a pivotal moment as the company builds on its leadership amid rapid industry change.

TOP