on Rieter Holding AG (isin : CH0003671440)
Rieter Acquires Barmag to Boost Market Position in Fiber Industry
Rieter AG has announced the acquisition of Barmag from OC Oerlikon, a strategic move aimed at accelerating its growth strategy and solidifying its leadership in the natural and manmade fiber market. This acquisition aligns with Rieter's objective to expand its influence and capabilities within the textile machinery sector.
The acquisition is expected to enhance Rieter's product offerings and strengthen its market presence. Rieter aims to leverage Barmag's expertise and technological advancements to deliver comprehensive solutions to its customers.
This strategic step demonstrates Rieter's commitment to maintaining a competitive edge and underscores its ambition to become a market leader in both natural and synthetic fibers.
R. P.
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