Rieter Holding AG (0QKA.L) LSE

3.28

+0.04499997(+1.39%)

Updated at June 02 05:34PM

Currency In CHF

Rieter Holding AG

Address

Klosterstrasse 32

Winterthur, 8406

Switzerland

Phone

41 52 208 71 71

Sector

Industrials

Industry

Industrial - Machinery

Employees

4785

First IPO Date

August 11, 2014

Key Executives

NameTitlePayYear Born
Thomas OetterliChief Executive Officer & Chairman of the Board1.26M1969
Stephan MörgeliHead of Group Accounting & Reporting and Head of Internal Audit0N/A
Emmanuelle GmurChief Human Resources Officer01976
Alexander A. OzbahadirHead of the Short-Staple Fiber Division01978
Relindis WieserHead Group Marketing & Communication0N/A
Roger AlbrechtHead of the Components & Technology Division01982
Sascha BurgerChief Information Officer0N/A
Oliver StreuliChief Financial Officer01988
Patrick HouwelingGeneral Counsel, Group Head of Legal & Compliance and General Secretary0N/A
Jurgen KastleGroup Head of Supply Chain Excellence0N/A

Description

Rieter Holding AG, together with its subsidiaries, supplies systems for short-staple fiber spinning in Switzerland and internationally. The company operates through three segments: Machines & Systems, Components, and After Sales. The Machines & Systems segment develops and manufactures machinery and systems for processing natural and man-made fibers, as well as their blends into yarns. This segment offers blowrooms and carding machines for fiber preparation; draw frames, combing machines, and rowing frames for spinning preparation; and ring, compact, rotor, and air jet spinning machines for end spinning. The Components segment supplies technology components to spinning mills and textile machinery manufacturers, as well as precision winding machines. This segment offers its products under the Accotex, Bräcker, Graf, Novibra, SSM, Suessen, and Temco brands. The After Sales segment develops, produces, and distributes spare parts for the company's machines; sells technology components; and provides services that enable its customers to enhance their spinning mills, as well as building conversions and modernization services. The company was founded in 1795 and is headquartered in Winterthur, Switzerland.