Textile machinery major Lakshmi Machine Works (LMW) and Rieter have ended their joint venture (JV) in the country. The split come soon after the government scrapped a clause where foreign companies ...

Swiss textile machinery major Rieter has made a complete exit from city-based Lakshmi Machine Works (LMW). Rieter has sold its residual 3.48% stake in LMW on Tuesday. COIMBATORE: Swiss textile ...

MADRID--(BUSINESS WIRE)--Recover™, Rieter and Polopiqué, three key players in different stages of the textile supply chain, announce their partnership. This collaboration allows the industry to ...

On September 08, 2011 Rieter Machine Works Limited sold 69,570 shares of Lakshmi Machine at Rs 1,990.03 on the NSE and sold 69,558 shares at Rs 1,990.03 on the BSE.

Rieter Holding AG, a Swiss maker of textile machinery, fell to an eight-month low after the release of figures showing the German machinery industry’s orders declined for a sixth month in April.

Soorty is advancing its spinning mill. The Karachi, Pakistan-based vertical denim manufacturer announced last week that its state-of-the-art spinning mill is now fully powered by Rieter’s advanced ...

The textile machinery specialist Rieter is acquiring Oerlikon’s polymer machinery business, aligning with the growing global demand for synthetic fibers. The acquisition of Barmag doubles the revenue ...