Rieter takes over at Saifa

摘要

WINTERTHUR,SWITZERLAND - Rieter Group is increasing its holding in Spanish automotive component supplier Rieter Saifa to 100 percent,with effect from 1 Jan 2006."Full acquisition of the company will enable Rieter to exploit growth opportunities in Europe's third-largest automobile market even more effectively," said a 30 March announcement from the supplier of auto-motive acoustic and thermal systems and textile equipment.