Andritz Successfully Closes its Acquisition of Xerium
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International technology group Andritz (Graz, Austria) announced the successful closing of its previously announced acquisition of Xerium Technologies, Inc this month (Oct. 2018).
Xerium, headquartered in Youngsville, N.C., USA, is a global manufacturer and supplier of machine clothing (forming fabrics, press felts, drying fabrics) and roll covers for paper, tissue, and board machines, including maintenance and aftermarket services. With its Smart® technology, the company provides a sophisticated digital software tool to optimize pressing performance by means of sensors integrated into the roll covers.
Andritz 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.
