Rieter Holding AG

Company Profile

Business Description

Rieter Holding AG is a Switzerland-based industrial company and the world’s leading supplier of systems for manufacturing yarn from staple fibers in spinning mills. Founded in 1795 and headquartered in Winterthur, it develops and manufactures machinery, systems, and components that convert natural and man-made fibers, as well as their blends, into yarns with maximum cost-efficiency and minimal resource use, enhancing sustainability in the textile value chain. The company operates through three key divisions: Machines & Systems, which produces blowroom, cards, draw frames, ring spinning, compact spinning, rotor spinning, air-jet spinning, winding, and automation solutions; Components, offering technology parts, precision winding machines, and solutions for filament yarns and nonwovens; and After Sales, providing spare parts, conversions, modernizations, and services to optimize spinning mill performance. With 18 production sites across ten countries and a global workforce of approximately 4,790 employees, Rieter Holding AG serves textile manufacturers worldwide, maintaining its position as a market leader through innovation and a 230-year heritage in textile machinery.

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Balance Sheet Snapshot

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