Rieter has officially completed the acquisition of Barmag as of February 2, 2026, marking a major milestone in the global textile machinery industry. With this transaction, Rieter becomes the world’s leading system provider for both natural and synthetic fibers.
Barmag Integrated as Man-Made Fiber Division
Following the completion, Barmag is fully consolidated into the Rieter Group and will operate as the “Man-Made Fiber” Division. The existing management structure remains unchanged. Georg Stausberg will continue to lead the division, reporting directly to Thomas Oetterli, CEO of Rieter, while also joining the Group Executive Committee.
The acquisition was financed through a capital increase completed in October 2025, supported by long-term bank loans. Rieter stated that it also maintains strong liquidity through substantial cash reserves within its operating units, alongside an expanded revolving credit facility.
Commenting on the acquisition, Thomas Oetterli said:
“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. This is the start of a successful future together and an important milestone in the implementation of our corporate strategy.”
Read more: Rieter at ITMA Asia 2025: The Fully Automated Spinning Mill
Industry analysts view the acquisition as a strategic move that significantly broadens Rieter’s technological scope, positioning the group to offer end-to-end solutions across the full fiber spectrum, while reinforcing its long-term growth ambitions in Asia and other key textile markets worldwide.
