XSWX
RIEN
Market cap109mUSD
Oct 09, Last price
2.36CHF
1D
3.51%
1Q
-22.88%
Jan 2017
-98.67%
Name
Rieter Holding AG
Chart & performance
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Profile
Rieter Holding AG, a company established in 1795 with its corporate headquarters in Winterthur, Switzerland, operates worldwide as a leading provider of integrated systems for the short-staple fiber spinning sector. Its operations are divided into three primary areas. The Machines & Systems division is responsible for designing and manufacturing advanced equipment and complete setups for transforming natural, man-made, and mixed fibers into yarn. This includes machinery for the initial preparation of fibers (such as blowrooms and carding machines), as well as for spinning preparation (like draw frames, combing machines, and roving frames), and the final spinning process (including ring, compact, rotor, and air jet spinning machines). The Components division supplies specialized technological parts to both spinning mills and other textile machinery manufacturers, in addition to precision winding machines. This segment offers products under well-known brand names such as Accotex, Bräcker, Graf, Novibra, SSM, Suessen, and Temco. The After Sales division handles the creation, manufacturing, and distribution of spare parts for the company's equipment, sells technology components, and delivers services aimed at improving customer spinning mills, performing building conversions, and undertaking modernization projects.
Related entities
Subsidiaries (8)
BRACKER
Gomitex
Graf Holland B.V.
Novibra Boskovice s.r.o.
Rieter Automatic Winder GmbH
Rieter CZ s.r.o.
RIETER INDIA PRIVATE LIMITED
Spindelfabrik Suessen GmbH
Key people
Bernhard Jucker
Non-Executive Chairman of the Board of Directors · since 2017
Norbert Klapper
Chief Executive Officer, Group Executive Committee · since 2014
Thomas Anwander
General Secretary and General Counsel, Member of the Group Executive Committee · since 2011
Non-Executive Director · since 2016
Carl Illi
Non-Executive Director · since 2017
Non-Executive Director · since 2009
Non-Executive Director · since 2009
Non-Executive Director · since 2009
Legal address
Klosterstrasse 20
Winterthur, ZH 8406
CH
Winterthur, ZH 8406
CH
Headquarters
Klosterstrasse 32
Winterthur, ZH 8406
CH
Winterthur, ZH 8406
CH
Valuation
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