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Tuesday 15 December 2009

Rieter sells nonwovens interests to Andritz

Winterthur - Rieter Holding Ltd,. Of Switzerland has signed a contract with the international technology group Andritz, based in Graz, Austria, for the sale of the French company Rieter Perfojet S.A.S, a wholly owned subsidiary of the Rieter Group. This divestment is being made in the context of focusing on core activities in the Textile Division of Rieter.


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