#Spinning

2025-09-18

Rieter shareholders approve capital increase to finance Barmag acquisition

Rieter Holding Ltd. has published the final details for today’s Extraordinary General Meeting (EGM) and subsequently received shareholder approval for all proposals put forward by the Board of Directors.

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.

Rieter reports stable order backlog and strategic progress – outlook for 2025 adjusted

In its Investor Update 2025, Rieter announced an order intake of CHF 203.9 million in the third quarter and CHF 559.3 million after nine months, reflecting a continued cautious investment climate in the textile machinery sector. Sales totaled CHF 121.5 million in the third quarter and CHF 457.7 million for the first nine months of the year, while the order backlog stood at around CHF 590 million as of September 30, 2025.

Rieter will highlight the fully automated spinning mill at ITMA Asia 2025

Precision, speed and cost efficiency are all indispensable, especially in challenging times. Rieter has put together a powerful portfolio for ITMA ASIA + CITME 2025 that gives spinning mills the chance to actively shape the future through intelligent automation. By applying smart machine networking, process optimization and increased production efficiency, the portfolio facilitates the comprehensive transformation of spinning mills while reinforcing their competitiveness. This, in turn, enables customers to further consolidate their leading market positions. At the same time, the portfolio is a key milestone on the way to achieving Rieter’s vision 2027 – the fully automated spinning mill.

Rieter demonstrates resilience in the challenging first half of 2025

In the first half of 2025, Rieter recorded an order intake of CHF 355.4 million (first half of 2024: CHF 403.4 million). This corresponds to a decline of around 12% compared to the same period last year. The expected broader market recovery has led to shifts in investment decisions on the part of customers due to the global trade disputes (particularly US punitive tariffs) and the geopolitical uncertainty.

Marzoli unveals its new textile ecosystem at ITMA ASIA + CITME 2025 at Singapore

With the claim “Designed to Impact”, Marzoli showcases its evolution into a complete engineering company for the textile industry. By combining advanced machinery, digital intelligence, science of materials and innovative services, the company enables textile manufacturers unlock new business opportunities, and accelerate their path to innovation and differentiation.

textile.4U publishes special edition “Top 100 Textile Recycling Companies 2025”

With a comprehensive 176-page special edition, textile.4U is dedicating its latest issue entirely to one of the most dynamic and influential topics in today’s textile industry: textile recycling. The new issue, published exclusively in high-quality print, presents the Top 100 textile recycling companies researched and selected by TexData – organizations that already play a key role in the transition to circular textiles or are expected to have a significant impact in the near future.

Uster presents novelties at ITMA Asia + CITME 2025

There’s news from Uster Technologies to be announced for the industry’s upcoming event in Singapore. The Uster 360Q universe is growing with new products, solutions and services. Innovation developments can also be recorded in the fields of man-made fiber testing and fabric inspection. Uster innovations address the industry’s trending topics as mill management and process control, optimization of delivered fabric quality and yield.

Compact, powerful, cost-efficient – KARL MAYER launches its HKS 2-SE TWO

KARL MAYER is launching a new two-bar tricot machine for the elastic sector at ITMA ASIA + CITME 2025. This newcomer is called HKS 2-SE TWO, stands for double customer benefits, and offers even more advantages than the predecessor model. With this innovation, the leading textile machinery company is once again asserting its top position in the market.

VDMA members at ITMA ASIA + CITME in Singapore

With 69 exhibiting member companies, ITMA ASIA + CITME 2025 is once again marked by a strong presence of VDMA companies. Altogether 82 companies from Germany will exhibit at the show, covering about 3,500 square meters of exhibition space, topped only by China and Italy. VDMA initiated a German Pavilion with two group stands (spinning in hall 4 and finishing in hall 7) with a total of 30 exhibitors.

KARL MAYER is launching two machines that set new standards in performance and cost-effectiveness

At this year's ITMA ASIA + CITME, KARL MAYER is exhibiting two advanced developments in the field of tricot machines. Both newcomers expand the portfolio with highly practical solutions for increased efficiency and cost-effective production – making the exhibition booth once again a focal point for more than just the warp knitting industry.