adv-07

rieter-media-kitWith the takeover of the computerized winding device enterprise at the Uebach-Palenberg/Germany internet site with influence from April 1, 2022, Rieter has completed the acquisition of the 3 corporations from Saurer.

The acquisition of the automated winding engineering in the quality class completes Rieter’s ring and compact-spinning process and therefore lays the foundation to further increase the company’s solid situation in the most significant staple fiber market place phase.

The elements companies Accotex (elastomer engineering for spinning machines) at the Muenster/Germany internet site and Temco (technologies parts for filament equipment) at the Hammelburg/Germany website had presently been acquired by Rieter as of December 1, 2021.

Rieter experienced announced the acquisition of the three companies on August 16, 2021.

In whole, the three enterprises created product sales of EUR 142 million in 2020, the calendar year of the COVID crisis. In 2019 and 2018, whole gross sales amounted to EUR 235 million and EUR 260 million, respectively.

The winding machine company with new machines will be assigned to the Organization Team Equipment & Methods, and the right after-profits enterprise will be assigned to the Enterprise Team After Profits. The Accotex and Temco component corporations are managed by the Enterprise Group Parts.