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Spinning
2026-02-26
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.
...moreKnitting & Hosiery
2026-02-12
Huixing acquires insolvent Mayer & Cie.
Insolvency proceedings for the circular knitting and braiding machine manufacturer Mayer & Cie. were opened on December 1, 2025. Immediately following the opening of proceedings, the complete cessation of business operations was initiated. Most employees were subsequently given notice effective the end of February 2026. The production of the remaining orders in the circular knitting segment is expected to be completed by the end of the month. As early as December 2025, Mayer & Cie.’s braiding machine division was sold to an Italian investor.
...moreSpinning
2026-02-02
Rieter completes acquisition of Barmag
Rieter has successfully completed the acquisition of Barmag as of February 2, 2026. This strategically important acquisition makes Rieter the world’s leading system provider for natural and synthetic fibers.
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