Global law firm Freshfields has advised Rieter AG, a leading supplier of manufacturing yarns from stable fibers, on its acquisition of Barmag from OC Oerlikon at an enterprise value of CHF 850m.

Barmag is a leading provider of filament spinning systems for the production of manmade fibers, as well as texturing machines, BCF systems, staple fiber spinning solutions, and nonwoven technologies. In addition, as an engineering services provider, Barmag delivers comprehensive solutions across the textile value chain. The strategic acquisition of Barmag will position Rieter AG as a leading supplier in the transformation of both natural and manmade fibers into yarn.

Freshfields acted as advisor to Rieter AG in cooperation with our StrongerTogether partner firm Lenz & Staehelin in Zurich. The Freshfields team was led by Partner Heiner Braun (Frankfurt) and Principal Associate Bastian Schuster.

The Freshfields team also included:

Partners: Ninette Dodoo (Antitrust, Hong Kong), Julia Haas (Real Estate, Frankfurt), Paul Humphreys (Corporate), Menachem Kaplan (Commercial, both New York), Francesco Lombardo (Finance, Milan), Michael Ramb (Regulatory, Düsseldorf/Berlin), Lutz Riede (Commercial, Vienna), Frank Röhling (Antitrust, Berlin), Frank Schaer (Employment, Frankfurt), Luigi Verga (Corporate, Milan)

Counsel: Valentina Armaroli (Finance, Milan), Gernot Fritz (Corporate), Lukas Pomaroli (both Vienna), Marlen Vesper-Gräske (both Compliance, Berlin/New York)

Principal/Senior Associates: Johannes Rogge-Balleer (Corporate,), Fabian Zöpfchen (Employment, both Frankfurt), Federico Ferrari (Milan), Frank Jin (both Corporate/M&A, Hong Kong)

Associates: Marc Lebioda, Franz Pechmann (both Munich), Natalia Gegechkori (all Corporate/M&A, Frankfurt), Iris Amschl (IP, Vienna), Charlie Carrol (Corporate/M&A, New York), Nick English (Antitrust,), Matt Del Gigante (Corporate/M&A, both London), Helena Haag (Antitrust, Berlin), Nana Kessie (Corporate/M&A), Jordan Lieberman (Employment, both New York), Marcel Neuhauser (Vienna), Oliver Neuner (both Regulatory, Hamburg), Elisabeth Pferschy, Tanja Pfleger (both Data Protection, both Vienna), Christina Puhl (Real Estate, Frankfurt), Filippo Sciarrone (Finance, Milan), Yulianna Tkach (IP, Munich), Wicy Wang (Corporate/M&A, New York), Valentin Weigel (Compliance, Berlin)