Rieter Holding Completes Rights Issue To Finance Barmag Acquisition
Rieter Holding Ltd. announced the successful result of its rights issue, with 99.06% of subscription rights validly exercised by the close of the subscription period on October 1, 2025, at 12 noon CEST. The remaining 1,092,450 shares will be offered for sale on the market.
The company’s two largest shareholders, Peter Spuhler (via PCS Holding AG) and Martin Haefner (via BigPoint Holding AG), participated in the rights issue proportionally to their existing holdings. The capital increase, originally detailed on September 18, 2025, consists of two tranches: Tranche A, a CHF 400 million subscription rights issue and Tranche B, a CHF 77.4 million private placement to the two largest shareholders.
The first trading day for the newly issued shares is expected to be October 2, 2025, with delivery against payment scheduled for October 6, 2025. Upon completion of both tranches, Rieter’s share capital will total CHF 1,360,577.08, divided into 136,057,708 registered shares with a nominal value of CHF 0.01 each.
Net proceeds from Tranche A are expected to be around CHF 385.5 million, with Tranche B raising approximately CHF 76.2 million. These funds will be used to finance Rieter’s acquisition of Barmag.
Thomas Oetterli, CEO of Rieter Group said, “The successful completion of the capital increase is a decisive milestone in the acquisition of Barmag and the final step in financing the transaction. We are grateful for the trust of our shareholders and look forward to driving the transformation of Rieter with new momentum.”
