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4-Traders Homepage  >  Equities  >  WIENER BOERSE AG  >  Andritz AG    ANDR   AT0000730007

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Andritz AG : ANDRITZ acquires Royal GMF-Gouda, Netherlands

10/30/2012 | 09:51am US/Eastern
International technology Group ANDRITZ has acquired Royal GMF-Gouda (Goudsche Machinefabriek) with headquarters in Waddinxveen, Netherlands, including its operations in Germany, France, China, Singapore, Indonesia, and the USA. The company has around 140 employees in total and generates annual sales of approximately 40 MEUR. It was agreed not to disclose the purchase price.

Royal GMF-Gouda is one of the leading manufacturers of drying solutions, mainly drum dryers and paddle dryers for the food industry (e.g. baby food), the chemical industry, and the municipal sector of the environmental industry. The company complements and extends the range of products and services of the ANDRITZ SEPARATION business area in the drying sector. The company's integration into the international ANDRITZ sales network will open up growth opportunities for Royal GMF-Gouda, both geographically and in terms of customers.

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For further information, please contact:
Oliver Pokorny
Group Treasury, Corporate Communications & Investor Relations
Phone: +43 (316) 6902 1332

International technology Group ANDRITZ is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, solid/liquid separation in the municipal and industrial sectors, the steel industry, and the production of animal feed and biomass pellets. In addition, ANDRITZ offers technologies for other sectors including automation, pumps, machinery for nonwovens and plastic films, steam boiler plants, biomass boilers and gasification plants for energy generation, flue gas cleaning plants, plants for the production of panelboard (MDF), thermal sludge utilization, and torrefaction plants. The publicly listed ANDRITZ GROUP is headquartered in Graz, Austria and has a staff of more than 17,400 employees worldwide. ANDRITZ operates over 180 production sites as well as service and sales companies all around the world.

ANDRITZ SEPARATION is one of the leading global suppliers of plants and equipment for mechanical solid/liquid separation of municipal and industrial sludges, for suspensions in many different industries (coal, ore and mineral processing, chemical, petrochemical and food industries) and for biomass (wood, bagasse, paper, fiber and deinking sludges, rejects), as well as for subsequent thermal drying of these products. Its field of activity covers planning and manufacture of key components and turnkey plants (thickeners and screens for sewage and effluent treatment, centrifuges, drum and disc filters, belt and filter presses for dewatering, as well as plants for drying and incineration of sludge), installation and start-up of complete plants, the entire automation and safety engineering, as well


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