Oerlikon Advances Strategic Transformation with Barmag Divestment

Oerlikon has completed all regulatory clearances to divest its Barmag segment to Rieter, finalizing the transaction by early February 2026. This step, part of a strategic transition announced in May 2025, values Barmag at an enterprise value of CHF 850 million, excluding a potential earn-out of up to CHF 100 million.

The sale marks a pivotal moment in Oerlikon's realignment into a pure-play leader in surface solutions. Proceeds will address debt repayment and general corporate needs. Further financial impacts will be shared in the full-year financial announcement slated for February 24, 2026.

CEO Georg Stausberg will exit Oerlikon's Executive Committee post-sale, joining Rieter's executive team. Michael Suess, Oerlikon's Executive Chairman, noted the strategic success of the divestment in positioning Oerlikon as a high-tech leader in surface technologies.