Andritz AG

euro adhoc: Andritz AG
Mergers - Acquisitions - Takeovers
Andritz acquires Lenser Filtration GmbH + Co. KG

@@start.t1@@ --------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------



Graz, 15 June 2005.  International Technology Group Andritz AG has signed an agreement to purchase 100% of Lenser Filtration GmbH + Co. KG, Germany.  The parties have agreed not to disclose the purchase price.  The acquisition is subject to the approval by antitrust authorities, and is planned to become effective within the next few weeks.

Lenser is one of the leading global manufacturers of filter elements from thermoplastic materials for solid/liquid separation in filter presses.  The company has annual sales of approximately EUR 25 million and a staff of approximately 230 people.  Lenser is headquartered in Senden, Germany, and also has locations in Malaysia, the USA, China, Great Britain, France, and Romania.

In 2004, Andritz acquired the filtration technology from Netzsch and from Rittershaus and Blecher, making Andritz one of the leading suppliers of filter presses.  The acquisition of Lenser enables Andritz to offer complete solutions for dewatering according to customer requirements.

About the Andritz Group Publicly listed Andritz Group is one of the global market leaders for advanced production systems for pulp and paper, steel, and other specialized industries.  Andritz has a staff of approx. 5,400 employees worldwide.  It develops and manufactures these high-tech systems at 15 production sites in Austria, Germany, Finland, Denmark, France, Netherlands, USA, Canada and China.


end of announcement                                                 euro adhoc 15.06.2005 07:30:00

ots Originaltext: DUMMY
Im Internet recherchierbar:

Further inquiry note:
Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465

Branche: Machine Manufacturing
ISIN:      AT0000730007
Börsen:    Wiener Börse AG

Weitere Meldungen: Andritz AG

Das könnte Sie auch interessieren: