Rieter has signed an agreement to acquire Barmag from Switzerland-based OC Oerlikon for 713 million Swiss francs ($872 million), aiming to become a global leader in both natural and man-made fiber processing.
Barmag provides filament spinning systems, texturing machines, bulked continuous filament systems, staple fiber spinning and nonwoven solutions through its Oerlikon Barmag, Oerlikon Neumag and Oerlikon Nonwoven brands.
The acquisition adds filament and nonwoven technologies to Rieter’s short-staple fiber portfolio and is expected to diversify markets, enhance digitalization, and strengthen Rieter’s presence in Asia-Pacific.
“We are very proud to welcome Oerlikon Barmag, Oerlikon Neumag and Oerlikon Nonwoven to Rieter,” said CEO Thomas Oetterli. “We are convinced that this combination will form a market leader in the textile industry, which will create value for our shareholders, customer and employees.”
Barmag CEO Georg Stausberg added: “We will benefit from each other as textile companies from market understanding, technology expertise and complementary offering.”
The transaction is expected to close in Q4 2025, pending regulatory approval.
2025 Quarterly Issue II
