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ANDRITZ Acquires Novimpianti, Italy - ANDRITZ has signed a contract for the acquisition of Novimpianti Drying Technology S.r.l., a company owned by Novigroup S.r.l. and based in Lucca, Italy - Nnovimpianti.com / ANDRITZ.com
ANDRITZ Acquires Novimpianti, Italy

 

NewswireToday - /newswire/ - Lucca, Marlia, Italy, 2018/06/13 - ANDRITZ has signed a contract for the acquisition of Novimpianti Drying Technology S.r.l., a company owned by Novigroup S.r.l. and based in Lucca, Italy - Nnovimpianti.com / ANDRITZ.com. Reuters: ANDR.VI

   
 
 

International technology Group ANDRITZ has signed a contract for the acquisition of Novimpianti Drying Technology S.r.l., a company owned by Novigroup S.r.l. and based in Lucca, Italy. Novimpianti has approximately 40 employees and generates annual sales of approximately 10 million euros.

Novimpianti (novimpianti.com) is a global supplier of engineered equipment and services for air and energy systems to the paper industry’s leading manufacturers. For ANDRITZ, the acquisition of Novimpianti further strengthens its product offerings in the field of air and energy systems, mainly for tissue and paperboard machines. “We are very excited about this complementary acquisition that extends the ANDRITZ market coverage and product range in Tissue and Paper,” says Michael Pichler, SVP and ANDRITZ Global Paper and Tissue Division Manager.

Novimpianti’s CEO, Pietro Saccomano, comments: “The ambitions of ANDRITZ to further grow in the tissue and paper business and their international position were decisive for the decision to hand over our company and know-how to them. The sale of Novimpianti will grant ANDRITZ continuous growth in the area of air and energy systems based on the solid foundation we have built during the past decades.”

About ANDRITZ GROUP

ANDRITZ (andritz.com) is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metal working and steel industries, and for solid/liquid separation in the municipal and industrial segments. Other important fields of business are animal feed and biomass pelleting, as well as automation, where ANDRITZ offers a wide range of innovative products and services in the IIoT (Industrial Internet of Things) sector under the brand name of Metris. In addition, the international technology Group is active in power generation (steam boiler plants, biomass power plants, recovery boilers, and gasification plants) and environmental technology (flue gas cleaning plants) and offers equipment for the production of nonwovens, dissolving pulp, and panelboard, as well as recycling plants.

A passion for innovative technology, absolute customer focus, reliability, and integrity are the central values to which ANDRITZ commits. The listed Group is headquartered in Graz, Austria. With over 160 years of experience, 25,800 employees, and more than 250 locations in over 40 countries worldwide, ANDRITZ is a reliable and competent partner and helps its customers to achieve their corporate and sustainability goals.

About ANDRITZ PULP & PAPER

ANDRITZ Pulp & Paper is a leading global supplier of complete plants, systems, equipment, and comprehensive services for the production and processing of all types of pulp, paper, board, and tissue. The technologies cover processing of logs, annual fibers, and waste paper; production of chemical pulp, mechanical pulp, and recycled fibers; recovery and reuse of chemicals; preparation of paper machine furnish; production of paper, board, and tissue; sizing, calendering and coating of paper; as well as treatment of reject materials and sludge. The service offering includes system and machine modernization, rebuilds, spare and wear parts, on-site and workshop services, optimization of process performance, maintenance and automation solutions, as well as machine relocation and second-hand equipment. Biomass, steam and recovery boilers for power production, gasification and flue gas cleaning plants, systems and plants for the production of nonwovens, dissolving pulp, and panelboard (MDF), as well as recycling and shredding solutions for various waste materials also form a part of this business area.

 
 
 

Written by / Agency / Source: ANDRITZ AG

 
 

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ANDRITZ Acquires Novimpianti, Italy

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Novimpianti Drying Tech. | ANDRITZ AG
Publisher Contact: Michael Buchbauer - ANDRITZ.com 
+43(316) 6902 2979 michael.buchbauer[.]andritz.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ANDRITZ AG securities in any jurisdiction including any other companies listed or named in this release.

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