Andritz

Highlights in ANDRITZ's history, including major acquisitions

In 1852 the company was founded as an iron foundry in Andritz, a suburb of the city of Graz in Austria. Soon after its foundation, the company’s production program was extended to include large capital goods, such as cranes, pumps, water turbines, and later also bridges, steam boilers and engines, as well as mining equipment.

In 1949 Andritz began a lasting cooperation with the Escher Wyss Group of Switzerland, initially in the water turbines sector.

In 1951 Andritz embarked on the production of complete paper machines in cooperation with Escher Wyss.

During the 1960s and 1970s, ANDRITZ continued to grow. The production shops were extended, new machines purchased, and research and development activities intensified. Electrochemical and metallurgical equipment were added to the production program.

In 1987, Andritz began to change its strategic direction, from being a licensee of other equipment manufacturers to become a leading international supplier of its own high-tech production systems.

In 1990, the acquisition of Sprout-Bauer, a US company supplying equipment for mechanical pulp and animal feed production, marked the beginning of the Group’s expansion policy through acquisitions.

2000/01 One of the largest transactions in terms of sales was the acquisitions of Ahlstrom Machinery Group, which made Andritz a globally leading supplier of pulp production systems.

In 2001 Andritz went public on the Vienna Stock Exchange. Two million new shares were placed successfully with national and international investors.

In 2006, with the acquisition of VA TECH HYDRO, Andritz advanced to a globally leading supplier of electromechanical equipment for hydropower plants

2011 Acquisition of AE&E Austria

2013 Largest acquisition was Schuler GmbH, Germany, leading company in metalforming

2018 Diatec completes the portfolio in hygiene papers. Xerium Technologies is a global manufacturer and supplier of machine clothing and roll covers for paper, tissue, and board machines.

2021 Laroche is a supplier of fiber processing technologies.

Andritz acquires parts of Air Quality Control System business from GE Steam Power.

2000 -

In March 2000, the company acquired a 50 percent stake in Finland's Ahlstrom Machinery Group from the A. Ahlstrom, a manufacturer of chemical pulp plants and other pulp processing machinery. As part of the purchase agreement, Andritz also received the option of purchasing full control of Ahlstrom Machinery in the event of Andritz going public. In the meantime, Ahlstrom Machinery was renamed Andritz-Ahlstrom and placed under Andritz's Pulp and Paper division.

Following the IPO, Andritz made good on completing its acquisition of full control of Andritz-Ahlstrom, buying up the rest of that subsidiary in July 2001. Another large acquisition was the purchase of the hydroelectric power division of VA Technologie in 2006, as a consequence of a decision of the European Commission in the acquisition of VA Technologie by Siemens. Experts estimated the price at €200 million. The VA Tech Hydro unit changed its name to Andritz VA Tech Hydro GmbH and became a subsidiary of Andritz AG. With 3000 employees and sales of €620 million, the unit increased the size of Andritz by one third, becoming the company's second-largest business.In May and June 2008, Andritz acquired hydropower technology and certain assets of GE Energy’s hydropower business , as well as GE Energy’s majority interest in the joint venture GE Hydro Inepar do Brasil. Since January 2009, all these acquisitions now operate under "Andritz Hydro" name. Andritz Hydro ranks among the 3 largest hydro companies with historical references back from 19th century by the acquisition over the years of the following companies and technologies, on which the Andritz Hydro group is the legal successor:

ACM - Vevey, Switzerland

AFI, Canada

Baldwin-Lima-Hamilton, USA

Bell, Switzerland

Bouvier, France

Bouvier-Darling, USA

Charmilles, Switzerland

Dominion Engineering Works, Canada

Dominion Bridge, Canada

Escher Wyss & Cie, Switzerland

Ge Hydro, Canada

Hemi Controls, Canada

I.P.Morris, USA

KMPT Ag, Germany

KMW, Sweden

Lorenzo Avila, Brazil

Pedro Molinari, Brazil

Nohab, Sweden

Pelton Waterwheel, USA

Sulzer Hydro, USA

Tampella, Finland

Voest-Alpine Maschinenbau Gmbh, Austria

Voest-Alpine Ag, Austria

Voest-Alpine Mce, Austria

Va Tech Voest Mce, Austria

Va Tech Escher Wyss, Germany

Va Tech Escher Wyss, Italy

Va Tech Escher Wyss, Spain

Va Tech Hydro, Switzerland

Va Tech Bouvier Hydro, France

Va Tech Hydro, Canada

Va Tech Escher Wyss, Mexico

Va Tech Hidro, Brazil

Va Tech Hydro Usa Corporation

Va Tech Hydro, Indonesia

Va Tech Hydro Flovel, India

Va Tech Hydro, China

Waplans, Sweden