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OC Oerlikon Gets Regulatory Approvals to Sell Manmade Fibers Technology Business to Rieter

MT Newswires·12/19/2025 00:51:54
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12:51 AM EST, 12/19/2025 (MT Newswires) -- OC Oerlikon (OERL.SW) obtained all regulatory approvals for the sale of its manmade fibers technology business Barmag to Swiss textile machinery maker Rieter (RIEN.SW). The deal, which values Barmag at an enterprise value of 850 million francs, will be finalized at the start of February 2026, according to a Friday release. The Swiss materials and surface technology company will use the sale proceeds to repay debt and for general corporate purposes.