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An update from Rieter Holding AG ( (CH:RIEN) ) is now available.
Rieter Holding AG has announced the acquisition of Barmag from OC Oerlikon, a strategic move aimed at accelerating its growth strategy and establishing itself as a market leader in the natural and chemical fibers sector. This acquisition is expected to enhance Rieter’s market positioning and potentially impact its operations positively, offering new opportunities for stakeholders in the textile machinery industry.
More about Rieter Holding AG
Rieter Holding AG is a company operating in the textile machinery and components industry, focusing on the production of machinery for the manufacturing of natural and chemical fibers.
YTD Price Performance: -11.97%
Average Trading Volume: 12,903
Technical Sentiment Signal: Buy
Current Market Cap: CHF324.3M
For an in-depth examination of RIEN stock, go to TipRanks’ Stock Analysis page.