Rieter Holding Ltd., has laid out the final details of its capital measures as shareholders gather for the company’s Extraordinary General Meeting (EGM). The moves are aimed at raising funds for the acquisition of OC Oerlikon’s Barmag division, a deal expected to close by the end of 2025,
At its General Assembly on May 8, the Swiss Textile Machinery Association, a representative body for Switzerland’s providers of textile equipment, systems and services, elected a new president and board members to guide its strategic direction. Davide Maccabruni, CEO of Uster Technologies AG, has been appointed as the new president, succeeding Ernesto Maurer, who served













