Rieter

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Rieter Holding AG

logo
legal form Corporation
ISIN CH0003671440
founding 1795
Seat Winterthur , Switzerland
management Norbert Klapper
Chief Executive Officer

Bernhard Jucker
Chairman of the Board of Directors

Number of employees 5020 (2016)
sales 945.0 million CHF (2016)
Branch Textile engineering
Website www.rieter.com

Headquarters in Winterthur

Rieter (legally Rieter Holding AG ) is an internationally active Swiss industrial holding company with its headquarters in Winterthur . The group, which was active in textile machine construction and formerly in the automotive and plastics industries, was founded in 1795 as JJ Rieter & Cie. and was known as Maschinenfabrik Rieter AG before it was transformed into a holding company in the 20th century .

history

The Niedertöss spinning mill in 1873
The Niedertöss Rieter spinning mill around 1873

Johann Jacob Rieter (1762–1826) founded the company JJ Rieter & Cie. 1795 in Winterthur as a trading company for exotic spices and cotton. Benefiting from the Napoleonic continental dam, Rieter entered the production of textiles with its own spinning mills and in 1833 acquired the buildings of the former Töss monastery in the then still independent municipality of Töss near Winterthur as factory premises.

Like many other textile manufacturers of the 19th century, Rieter also ran its own machine factory. This specialized in the manufacture of textile machines and the associated drives and power transmission systems. In addition, Rieter also manufactured locomotives, trams, rifles and engines. Rieter built Switzerland's first workers 'settlement in 1852, making it a pioneer in workers' welfare. In 1891 the company was transformed by the Rieter family into the Aktiengesellschaft Maschinenfabrik Rieter AG . The last family member in the company management was Benno Rieter (1870–1925). During the First World War, the company management decided in 1915 to concentrate on the manufacture of spinning machines.

Rieter later expanded its business activities, including in the man-made fiber area. After the Second World War, the company expanded abroad, in 1951 to the USA ( American Rieter Company , Arlington) and 1962 to India ( Coimbatore ). In 1970 the Rieter company pension fund was founded. In the 1980s, Rieter expanded and diversified significantly through company acquisitions. In 1982 the English company Ernest Scragg & Sons (texturing machines), and in 1987 Schubert & Salzer Maschinenfabrik AG (rotor spinning machines) were taken over.

In 1984 Rieter took over the Swiss Unikeller Holding AG and thus entered the automotive industry as a supplier. As a direct consequence of this, in 1985 Maschinenfabrik Rieter AG became Rieter Holding AG , the new parent company of the group, while the name Maschinenfabrik Rieter AG was transferred to a newly founded subsidiary in which the textile machinery division was combined.

After a crisis at the beginning of the 1990s, further acquisitions followed:

  • 1992 Rieter automatic apparatus engineering, Großostheim (synthetic fiber and granulating machines )
  • 1994 Elitex, Ústí nad Orlicí (spinning machines, automotive suppliers) and Firth Furnishings, Heckmondwike (car carpets)
  • 1995 Globe Industries, Chicago (auto parts supplier)
  • 1996 Fimit Turin (automotive supplier)
  • 1997 Ello, Sao Bernardo do Campo (automotive supplier)
  • 2000 parts of the French ICBT group, Valence (fleece manufacturing and yarn finishing machines)
  • 2001 parts of the German Süßen Group (spinning machines)
  • 2002 Idea Institute, Turin (car design and engineering)
  • 2003 substantial participation in the Spanish Saifa-Keller SA (automotive supplier)
  • 2005 Hogra Holding AG (components for staple fiber machines)

The Unikeller Holding merged in 1989 with the Rieter Holding the name Unikeller for the Automotive parts, which finally in 1995, while maintaining Automotive Systems Rieter has been renamed. In the course of 2010, the relocation of the automotive division to an independent company was initiated. The newly formed for this purpose in December 2010 Unikeller Holding AG was as of 22 March 2011 the dispatch of invitations to the General Assembly and the publication of the statutes in Autoneum Holding AG renamed. At the Annual General Meeting on April 13, 2011, the split was approved by the majority of Rieter shareholders, meaning that the Automotive Systems division has been operating as an independent company since May 13, 2011 under the name Autoneum .

In 2015, the company headquarters in Winterthur announced that 150 jobs would be cut in production. On February 1, 2017, it became known that Rieter would cut 220 jobs at its location in Ingolstadt , Germany, and move its production to the Czech Republic.

Business areas

The Rieter Group today comprises the three business areas Machines & Systems, After Sales and Components and is the leading supplier of systems for short staple fiber spinning. The company develops and manufactures machines, systems and technology components for processing natural and synthetic fibers and their blends into yarns. According to its own information, Rieter is the only provider worldwide that covers both the processes for spinning preparation and all four established final spinning processes. Around 5020 people are employed at 15 production sites in nine countries around the world, around 20% of them in Switzerland. (As of 2016)

Subsidiaries

In addition to the Swiss parent company, Rieter Holding AG, the group consists of 35 subsidiaries in 15 countries, plus an associated company in Italy. These include:

  • Bräcker AG
  • Graf & Cie AG
  • SSM Schärer Schweiter Mettler AG
  • Maschinenfabrik Rieter AG (Switzerland)
  • Novibra Boskovice sro
  • Rieter Asia (Taiwan) Ltd. (Taiwan)
  • Rieter China Textile Instruments Co. Ltd. (China)
  • Rieter America, LLC (USA)
  • Rieter CZ sro (Czech Republic)
  • Rieter India Pvt. Ltd. (India)
  • Rieter Ingolstadt GmbH (Germany)
  • Rieter South America Ltd. (Brazil)
  • Rieter Textile Machinery Trading & Services Ltd. Co. (Turkey)
  • Spindelfabrik Süßen GmbH
  • Wilhelm Stahlecker GmbH Süßen
  • Rieter Uzbekistan FE LCC (Uzbekistan)

literature

  • Alfred J. Furrer: 200 years of Rieter 1795–1995: Johann Jacob Rieter (1762–1826), Heinrich Rieter (1788–1851), Heinrich Rieter (1814–1889) (= Swiss pioneers in business and technology , volume 62), association for economic history studies, Meilen 1995, DNB 943818982
  • Oskar Denzler, Hans Moder: Rieter 1795–1970: 175 years of Maschinenfabrik Rieter AG, Winterthur 1970, DNB 577376438
  • Hans Moser (editor): Visit to Rieter , Maschinenfabrik Rieter, Winterthur 1966, DNB 572357540 .
  • 150 years of Johann Jacob Rieter & Cie., Winterthur-Töss: 1795–1945 , Rieter, Winterthur 1947, DNB 57737642X .
  • Hermann Wartmann:  Rieter, Johann Jacob . In: Allgemeine Deutsche Biographie (ADB). Volume 28, Duncker & Humblot, Leipzig 1889, pp. 593-595.

Web links

Commons : Maschinenfabrik Rieter AG  - collection of images, videos and audio files

Individual evidence

  1. Media release: Business year 2016 (PDF; 62 KB) Rieter Holding, March 14, 2017, accessed on May 10, 2017 .
  2. Thomas Schürpf: The traditional Rieter group is splitting up. In: Neue Zürcher Zeitung . March 22, 2011. Retrieved June 10, 2011.
  3. Autoneum start better than expected. In: Neue Zürcher Zeitung. May 13, 2011. Retrieved June 10, 2011.
  4. Christoph G. Schmutz: Rieter is getting slimmer in Winterthur . In: Neue Zürcher Zeitung . October 20, 2015 ( nzz.ch [accessed February 13, 2017]).
  5. Media release for the 2016 financial year, February 1, 2017. Rieter Holding, accessed on May 10, 2017 .
  6. Rieter Holding: About the Group , May 10, 2017.
  7. a b Rieter Holding, Annual Report 2016 (PDF; 2.7 MB), as of March 14, 2017.