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Picanol Group acquires minority stake in Rieter Holding AG

Picanol Group has acquired a minority stake in Rieter Holding AG (SWX: RIEN), amounting to a total of 467,236 shares for a price of 45.4 million EUR (or a price per share of 107.5 CHF). Rieter is the world’s leading supplier of systems for short-staple fiber spinning.

How it works | SmartShed – the smart digital shedding motion

Curious about the advantages of SmartShed, the new Picanol smart digital shedding motion? Our Sales Manager Walter Moens explains them to you in our video topic “How it works?”.

Follow us on Instagram

As well as our Facebook, LinkedIn, and YouTube accounts, we are delighted to announce that you can also now follow us on Instagram!

Need to sharpen your weaving machine operating skills? Check out our new e-learning videos.

Did you know that our e-learning videos have reached more than 100,000 views on our YouTube channel? Good for almost 4,000 hours of online training. And we have more good news, because we have released no less than 20 new e-learning videos!

Brazilian customer Döhler’s experience on the new TerryPlus-i

Döhler was the first Brazilian customer to order the TerryPlus-i. Ingo Döhler, Industrial Director, outlines his thoughts on the new TerryPlus-i.

How it works | The PosiJet feature on airjet weaving machines

In our new recurrent video topic entitled “How it works”, Kurt Lamkowski, our Manager Worldwide Sales, explains how PosiJet helps you to realize both cost and time savings.