#Spinning
Rieter places bond for a total of CHF 65 Million
The bond was issued by UBS, Zürcher Kantonalbank, Commerzbank and Basler Kantonalbank. The bond will be listed on the SIX Swiss Exchange.
The bond was issued by UBS, Zürcher Kantonalbank, Commerzbank and Basler Kantonalbank. The bond will be listed on the SIX Swiss Exchange.

Thomas Oetterli has decided to step down from his function as CEO, effective October 31, 2026, and hand over the Chairmanship of the Board of Directors. “After the successful implementation of the Next Level performance program, the structural measures initiated to consolidate the sites and the acquisition of Barmag, the time has come to hand over responsibility to new hands,” explains Thomas Oetterli.

Roger Albrecht, Head of the “Components & Technology” Division, has decided to pursue a new opportunity outside the Rieter Group. Roger has worked for the Group for 11 years and has been instrumental in maintaining Rieter’s position as a technology leader in the short-staple business.

Recycling Powerhouse Ltd. was established in July 2026 to industrialize, standardize and scale textile recycling. Based in Switzerland, the venture will operate a franchise-driven business model that enables the production of high-quality, certified recycled yarns. The project is supported by the following partners: Rieter Group, the world’s leading system supplier for natural and man-made fibers, Säntis Textiles, a Swiss textile engineering company, and Valvan, a Belgian sorting technology company. The first blueprint franchise operation is scheduled to launch early 2027 in partnership with Suhail Industrial Holding Group in Qatar.

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.

From November 20 to 24, 2026, the Trützschler Group will present its latest fiber processing technologies at ITMA Asia in Shanghai, China. At Hall 5.1, Booth D20, the company will showcase solutions designed to increase productivity, simplify operations and improve efficiency across spinning preparation and nonwoven production. Key highlights include the automated can transport system T-CAN, the next-generation card TC 30, innovative card clothing solutions such as STEELTOP and SUPERFLOW, as well as advanced nonwoven technologies for hygiene, wipes and filtration applications.

Three years after its launch in English, Spanish, French and Turkish, Barmag’s Digital Academy online training center for the BCF process is now also available in Chinese.

Fibre Extrusion Technology Limited (FET) presented its latest developments in fibre spinning technology at the Dornbirn Global Fiber Congress in Austria in September 2026. In a presentation entitled “Spinning a good yarn”, Dr Jonny Hunter examined recent technological developments and challenges facing the fibre industry, highlighting the company's expanding range of specialised fibre extrusion and spinning systems.

With the foundation of STC Extrusion GmbH, headquartered in Chemnitz, Germany, a technical competence and know-how hub for the production of artificial turf and technical monofilaments has been established within the Starlinger Group.

The intelligent automation solution for the ISEC evo recycling machine automatically adjusts operating parameters to changing input materials, improving throughput, melt quality and process stability while reducing operator workload.

The patent-pending fabric technology prevents hay, straw, mulch and grass from clinging to high-pile fleece. The development received a category award in Fast Company's 2026 Innovation by Design Awards.

The collaboration combines Merino wool with regen™ BIO Spandex and recycled functional fibres to develop fabrics offering comfort, breathability, stretch and shape retention. Future development will focus on recovery wear applications.

The new industry initiative uses FibreTrace® technology to physically verify the origin of polyester filament yarn, supporting compliance with regional trade agreements and strengthening transparency across textile supply chains.