SwissTex: Takeover of RITM in France

摘要

The fiber machinery producer SwissTex Win-terthur AG, Winterthur/Switzerland, has acquired RITM SAS, Valence/France, and complements its product range by the newly formed entity SwissTex France SAS with machines and systems affiliated to the textiles, BCF, T&I and glass yarn industries fields. SwissTex France SAS, a 100% affiliate of SwissTex Winterthur AG, has acquired the assets from the receiver of RITM SAS with effect of April 22, 2010. Up to the end of 2006 RITM and SwissTex were part of the Rieter Group. Both worked together in Rieter's Filament Yarn Technology Business Group offering extrusion lines, twisting and cabling machinery to the market.