Rieter Holding AG (RIEN.SW)
Rieter Holding AG operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Winterthur, ZH, CH. The stock last traded at $3.12, up 1.79% on the session, giving a market capitalisation of $119.7M. Its beta of 0.88 implies it has historically moved less than the broad market.
Rieter Holding AG, alongside its subsidiaries, offers comprehensive solutions for short-staple fiber spinning, with operations in Switzerland and globally. The company is organized into three primary segments: Machines & Systems, Components, and After Sales. The Machines & Systems division engineers and produces machinery and entire systems for converting natural, man-made, and blended fibers into yarn. Its product range spans fiber preparation equipment (e.g., blowrooms, carding machines), spinning preparation machinery (e.g., draw frames, combing machines, roving frames), and final yarn production units (e.g., ring, compact, rotor, and air jet spinning machines). The Components segment supplies crucial technological components to both spinning mills and other textile machinery producers. It also offers precision winding machines, marketed under well-known brands including Accotex, Bräcker, Graf, Novibra, SSM, Suessen, and Temco. The After Sales segment focuses on the development, production, and distribution of spare parts for Rieter's machinery, the sale of technology components, and providing services to enhance customers' spinning mills, including facility upgrades and modernization. Established in 1795, the company maintains its headquarters in Winterthur, Switzerland.
Rieter Holding AG is most often compared with the following Industrials names: