Acquisition Completed
Oerlikon Successfully Closed Acquisition of Riri; Takes Leadership Position in Luxury Metalware
- Oerlikon Successfully Closed Acquisition of Riri; Takes Leadership Position in Luxury Metalware
Pfaeffikon, Schwyz, Switzerland – March 1, 2023 – Oerlikon has successfully closed the acquisition of Riri, following the signing of the agreement announced on December 16, 2022. - This deal is the logical strategic next step to complement Oerlikon’s acquisition of Coeurdor in 2021.
- This acquisition expands Oerlikon’s foothold in the luxury market and together creates a leading platform in luxury metalware.
- “The acquisition leverages Oerlikon’s core PVD coating competencies into applications in the luxury market,” said Michael Suess, Executive Chairman.