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07-31-2008

Rieter Automatik: Renaming

Rieter Automatik GmbH, based in Grossostheim, Germany, will in future operate under a new name. At Fakuma, the company will present its new products for the first time as Automatik Plastics Machinery GmbH.

In January of this year, the industrial concern Rieter, based in Winterthur, Switzerland, sold Rieter Automatik to the Swiss financial investor CGS Management, Pfaffikon, Germany. The roughly 230 employees at the Grossostheim site achieved sales of around CHF 70 million in 2007.

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