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Rieter Holding Ltd. signed an agreement to acquire the Schlafhorst automatic winder business, Accotex and Temco from Saurer Netherlands Machinery Company B.V. for EUR 300 million. Closing is expected in August 2021.
“With this acquisition, Rieter will complete the offering of ring- and compact spinning systems by acquiring the Schlafhorst automatic winder business.”rieter.com
Summarized from public sources; check the original articles before acting on it.