Oerlikon Sells Barmag to Rieter in Strategic Move

Oerlikon has announced the sale of its Barmag textile machinery business to Rieter for an initial equity price of CHF 713 million. This divestiture values Barmag at CHF 850 million, which could reach CHF 950 million, making it a significant transaction in the textile industry. The sale aims to optimize stakeholder value while simultaneously allowing Oerlikon to progress in its pure-play strategy.

The proceeds from the sale are earmarked for debt reduction, general corporate use, and potential shareholder distribution. Subject to regulatory approvals, the deal is anticipated to close in Q4 2025. This step positions Oerlikon as a global leader in surface technologies and supports its growth and sustainability targets. Rieter gains a robust foothold in manmade fibers, enhancing its existing natural fibers portfolio.