Rieter Holding AG (RIEN.SW) SIX

3.16

+0.03500001(+1.12%)

Updated at December 04 05:30PM

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

April 10, 1995

Key Executives

NameTitlePayYear Born
Mr. Thomas OetterliChief Executive Officer & Chairman of the Board1.68M1969
Mr. Patrick HouwelingGeneral Counsel, Group Head of Legal & Compliance and General Secretary0N/A
Ms. Relindis WieserHead Group Marketing & Communication0N/A
Ms. Emmanuelle GmurChief Human Resources Officer01976
Mr. Serge EntleitnerHead of the Components Division01964
Prasanta Kumar DekaCountry Managing Director of India0N/A
Mr. Roger AlbrechtHead of the Machines & Systems Division01982
Jurgen KastleGroup Head of Supply Chain Excellence0N/A
Mr. Oliver StreuliChief Financial Officer01988
Mr. Stephan MörgeliHead of Group Accounting & Reporting and Head of Internal Audit0N/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.