Saurer Intelligent Technology Co. Ltd (listed in Shanghai, China) and Rieter Holding AG (Winterthur, Switzerland) signed an agreement with Rieter to acquire the Accotex and Temco businesses from Saurer Technologies GmbH & Co. KG and the Autoconer machine business from Saurer Spinning Solutions GmbH & Co. KG. with a purchase price of EUR 300 million. […]
Investment to complete Rieter’s ring- and compact spinning systems and in two attractive component businesses Schlafhorst automatic winder as well as Accotex and Temco will be transferred from Saurer to Rieter Closing expected during the month of August, implementation to be completed in six to nine months Changes in the Rieter Board of Directors Rieter […]