Rieter

Rieter is a leading supplier of systems for manufacturing yarn from staple fibers in spinning mills. Based in Winterthur, Switzerland, the company has been in operation for more than 225 years and is listed on the SIX Swiss Exchange under ticker symbol RIEN. Rieter's cutting-edge spinning technology contributes to sustainability in the textile value chain by minimizing resource usage. The company has 18 production locations in ten countries and employs a global workforce of around 5,100, with approximately 16% based in Switzerland. Rieter comprises three business groups: The Business Group Machines & Systems develops, produces, and distributes new equipment as spinning systems or as single machines. The Business Group Components focuses on developing, producing, and distributing technology components, precision winding machines, as well as solutions for the production of filament yarns and nonwoven fabrics. Lastly, the Business Group After Sales develops, produces, and distributes spare parts for Rieter machines, as well as building conversions and modernizations. With a founding year of 1954, Rieter continues to be at the forefront of innovation and sustainability in the textile industry. Although details of the last investment and investors are currently unavailable, Rieter's established presence, global reach, and commitment to technological advancement position it as a promising potential investment opportunity for venture capital firms seeking to support sustainable industrial development and innovation.