EANS-Adhoc: ANDRITZ acquires KMPT AG, Germany
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
02.03.2010
Graz, March 2, 2010. International technology Group ANDRITZ has signed a contract to acquire KMPT AG, headquartered in Vierkirchen, Germany, including its affiliates in England, France, Italy, China, and the United States. The ANDRITZ ENVIRONMENT & PROCESS business area is thus strengthening its product offerings for solid/liquid separation. The acquired company has approximately 280 employees and generates annual sales of about 50 MEUR. It was agreed to not disclose the purchase price; the contract is subject to approval by the relevant authorities and is expected to come in force during the second quarter of 2010.
KMPT ranks among the leading global suppliers of pusher and peeler centrifuges, used mainly in the chemical and pharmaceutical industries. In addition, the company´s product portfolio includes dryers (mixer, helix and plate dryers) for the chemical and food industries, as well as drum and disc filters.
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The ANDRITZ GROUP The ANDRITZ GROUP is a globally leading supplier of plants and services for the hydropower, pulp and paper, metals, and other specialized industries (solid/liquid separation, feed and biofuel). The Group is headquartered in Graz, Austria and has a staff of approximately 13,000 employees worldwide. ANDRITZ operates over 150 production sites, service and sales companies all around the world.
ANDRITZ ENVIRONMENT & PROCESS ANDRITZ ENVIRONMENT & PROCESS is one of the leading global suppliers of plants, equipment, and services for mechanical and thermal solid/liquid separation of municipal and industrial sludges and suspensions (coal, ore and mineral processing, chemical, petrochemical, and food industries).
The business area´s field of activity covers design and manufacture of key components (centrifuges, filter presses, rotating filters, and plants for dewatering, drying, and sludge incineration), as well as erection and start-up of turnkey plants, including automation, safety engineering, and services.
end of announcement euro adhoc
Further inquiry note:
Dr. Michael Buchbauer
Head of Group Treasury, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com
Branche: Machine Manufacturing
ISIN: AT0000730007
WKN: 632305
Index: WBI, ATX Prime, ATX
Börsen: Wien / official dealing