Machines and systems
This part designs and sells spinning systems and individual machines that turn fibers into yarn. It also delivers complete plant setups and line configurations for textile producers.
Customers and revenue model
Rieter Holding AG
SIX:RIEN
Rieter Holding AG
SIX:RIEN
Price:
2.235
CHF
-2.61%
Market Cap:
CHf304.1m
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Company Overview
Business Description
- Sector
- Industrials
- Industry
- Machinery
- Headquarters
- Switzerland CH
- Employees
- 4 220
- IPO date
- Dec 15, 1997
Rieter Holding AG makes machinery and systems used to turn natural and man-made fibers into yarn. Its main products are spinning machines, modules, and parts that textile mills use to prepare, spin, and wind fibers into finished yarn for clothing, home textiles, and industrial fabrics.
The company sells mainly to yarn manufacturers and textile producers around the world. It earns money by selling new equipment, replacement parts, upgrades, and service work for the machines already in use. That mix matters because textile mills need both big one-time machinery purchases and ongoing support to keep production lines running.
Rieter sits in the capital-goods part of the textile value chain, upstream from the actual fabric and garment makers. Its business is tied to mill investment cycles, but it also benefits from a large installed base of machines that create repeat demand for spare parts, maintenance, and modernization.
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