TEXTILES.ORG
Rieter has completed the acquisition of Barmag as of Feb. 2, 2026. Barmag will be consolidated and integrated into the Rieter Group as the “Man-Made Fiber” Division.
The management of Barmag will remain with the company. Georg Stausberg will continue to lead the division and report to Thomas Oetterli, CEO of Rieter. Stausberg will also join the Group Executive Committee.
The transaction is financed by the capital increase completed in October 2025 and long-term bank loans.
“Barmag’s know-how is a perfect fit for Rieter and will accelerate profitable growth as well as strengthen our market leadership in the important region of Asia. The acquired filament know-how will help to expand our areas of expertise as a system provider and further advance automation and digitization solutions,” says Oetterli.