16 ANDRITZ + XERIUM
The perfect fit in fabrics and rolls
Pulp Paper & Logistics
Technologies in October 2018. As anyone working and operating in the pulp and paper industries will know, the name Xerium is synonymous with high-quality consumables used in the paper, board, and tissue industries. It is also a well-known supplier
A
to pulp drying plants around the world. In fact, for Andritz
July/August 2019
ndritz made one of its largest-ever acquisitions when it bought Xerium
Following the acquisition last year of the Xerium business, the global supplier of wear parts for the paper, board and tissue industries is being fully integrated into Andritz and will operate under the name Andritz Fabrics and Rolls. PPL reports
and its vast portfolio of superior technology supplying all those industries above, it is the perfect fit. Wolfgang Leitner, president and chief executive of Andritz, was clearly delighted with the acquisition, commenting: “With Xerium, we acquired a high- tech global supplier providing essential services and wear
parts to the paper industry. The acquisition fits squarely with our long-term strategy to execute complementary acquisitions and to grow our aftermarket business with its stable source of revenue and earnings.”
This acquisition is indeed a
perfect fit for Andritz, but also for Xerium and its products,
as it now has full access to extensive machine building and process know-how, which will be a valuable factor in the further development of its staple consumables, paper machine clothing, and rolls. Xerium will be fully integrated into the Andritz group this year and joins with the existing Andritz Kufferath to
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