Rieter shareholders approve capital increase to finance Barmag acquisition

The capital measures consist of two tranches: a rights issue of around CHF 400 million (Tranche A) and a private placement of approximately CHF 77.4 million (Tranche B). Together with additional bank financing, the funds will be used to finance the planned acquisition of OC Oerlikon’s Barmag division. The acquisition is expected to be completed by the end of 2025, subject to regulatory approval.

Both of Rieter’s largest shareholders, Peter Spuhler (PCS Holding AG, approx. 33%) and Martin Haefner (BigPoint Holding AG, approx. 10%), confirmed their commitment to participate in the rights issue on a pro rata basis and to contribute further capital via the private placement.

At the EGM, 176 shareholders or their representatives as well as the independent proxy were present, representing 62.1% of the share capital. They approved the ordinary capital reduction through nominal value reduction, the two-step capital increase, and the reintroduction of the capital band, thereby amending the Company’s Articles of Association.

Trading of subscription rights on SIX Swiss Exchange is scheduled from September 23 to 29, 2025, with subscription possible until October 1. The listing and first trading day of the new shares are planned for October 2, 2025.