#Spinning

2025-11-25

Rieter adjusts group structure in preparation for Barmag integration

Rieter innovation center in Winterthur, Switzerland © 2025 Rieter

The planned acquisition of the “Barmag” Division of OC Oerlikon will create the leading system provider worldwide for natural and man-made fibers. Rieter is confident it will receive all regulatory approvals to complete the acquisition in the fourth quarter of 2025. The Rieter Group is therefore adjusting its Group structure as of January 1, 2026, to take this acquisition into account and to be able to provide an even more agile response to market challenges.

The Machines & Systems and After Sales Divisions will be merged. Alexander Özbahadir will take over the new “Short-Staple Fiber” Division, which will be responsible for the short-staple fiber business, effective January 1, 2026. This will create synergies in sales and service activities and increase customer centricity through a geographical focus.

Roger Albrecht will now be responsible for the “Components and Technology” Division. His mandate will be to develop pioneering technology solutions, drive innovation and achieve growth in the key components business. With this organizational change, Rieter will further expand its technology leadership and intensify its development activities between Rieter and the component companies Accotex, Bräcker, Graf, Novibra, Suessen, SSM and Temco.

Serge Entleitner has decided to step down from the Group Executive Committee, effective December 31, 2025, and will support the company on various projects until his retirement in 2027. “Serge Entleitner has been instrumental in the development of the Components Division in recent years. On behalf of the Board of Directors, I would like to thank Serge for his outstanding contribution to the success of our company,” says Thomas Oetterli, Chairman of the Board of Directors and CEO of Rieter.

Upon successful closing of the Barmag acquisition, the “Man-Made Fiber” Division will be integrated into the Rieter Group. Georg Stausberg will continue to lead the division and report to Thomas Oetterli, CEO of Rieter. He will also take a seat on the Group Executive Committee.

As of January 1, 2026, the Rieter Group Executive Board will comprise the following members:

Thomas Oetterli, Chief Executive Officer

Oliver Streuli, Chief Financial Officer

Emmanuelle Gmür, Chief Human Resources Officer

Alexander Özbahadir, Head of the “Short-Staple Fiber” Division

Georg Stausberg (after closing), Head of the “Man-Made Fiber” Division

Roger Albrecht, Head of the “Components and Technology” Division

The new, simplified organization will sharpen customer focus, strengthen technology leadership, increase productivity and promote synergies.

Rieter is responding to the persistently weak market situation with further cost-cutting measures by adjusting production capacities, simplifying supply chains, and streamlining overhead functions. The estimated one-off costs of around CHF 30 to 35 million will result in annual savings of just under CHF 30 million.

Rieter appoints Daniel Lippuner as new CEO as Thomas Oetterli steps down

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.

Rieter and partners launch Recycling Powerhouse for industrial-scale textile recycling

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.

Rieter sees Barmag integration on track as orders and sales rise

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.

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