Andritz AG is an international technology group, offering plants, equipment, systems and services for various industries. The group's

headquarters Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the to ...

are in

Graz, Austria Graz (; sl, Gradec) is the capital city of the Austrian state of Styria and second-largest city in Austria after Vienna. As of 1 January 2021, it had a population of 331,562 (294,236 of whom had principal-residence status). In 2018, the popula ...

. The group gets its name from the district of Andritz in which it is located and is listed on the

Vienna Stock Exchange en, Viennese , iso_code = AT-9 , registration_plate = W , postal_code_type = Postal code , postal_code = , timezone = CET , utc_offset = +1 , timezone_DST ...

. Andritz employs more than 27,000 employees at over 280 production and service facilities. In 2020, the company reported a revenue of EUR 6.7 billion, and a net income of EUR 203.7 million.

Business areas

Andritz consists of 4 main business areas: *Hydro *Pulp and Paper *Metals *Separation and the business fields Feed & Biofuel Pumps Automation

Andritz Metals

The business area Andritz Metals (former "Rolling Mills and Strip Processing") is the third largest business unit. Andritz Metals designs, develops and erects complete lines for the production and further processing of cold-rolled

carbon steel Carbon steel is a steel with carbon content from about 0.05 up to 2.1 percent by weight. The definition of carbon steel from the American Iron and Steel Institute (AISI) states: * no minimum content is specified or required for chromium, cobalt ...

stainless steel Stainless steel is an alloy of iron that is resistant to rusting and corrosion. It contains at least 11% chromium and may contain elements such as carbon, other nonmetals and metals to obtain other desired properties. Stainless steel's corros ...

and non-ferrous metal strips, including furnaces, presses and

acid regeneration Hydrochloric acid regeneration or HCl regeneration is a chemical process for the reclamation of bound and unbound HCl from metal chloride solutions such as hydrochloric acid. Field of application The commercially most relevant field of applicati ...

equipment.

History

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 (forming fabrics, press felts, drying fabrics) 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 (AQCS) business from GE Steam Power.

2000 -

In March 2000, the company acquired a 50 percent stake in

Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...

's Ahlstrom Machinery Group from the A. Ahlstrom, a manufacturer of chemical

pulp Pulp may refer to: * Pulp (fruit), the inner flesh of fruit Engineering * Dissolving pulp, highly purified cellulose used in fibre and film manufacture * Pulp (paper), the fibrous material used to make paper * Molded pulp, a packaging material * ...

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 Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined and ...

division of

VA Technologie Primetals Technologies Limited, is an engineering and plant construction company headquartered in London, United Kingdom, with numerous locations worldwide. It serves clients in the metals industry, both the ferrous and the nonferrous metals sec ...

in 2006, as a consequence of a decision of the

European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...

in the acquisition of VA Technologie by

Siemens Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', '' ...

. 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 (including test laboratories in Canada and Brazil), 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 Alstom and Voith-Siemens) 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 also produced hydraulic presses with the brand name "speed-hy-matic" a high speed hydraulic press, Dominion Engineering Works was a company with headquarters in Montreal, Quebec Montreal ( ; officially Montréal, ) is the second-most pop ...

, Canada *Dominion Bridge, Canada *

Escher Wyss & Cie Escher Wyss & Cie., also known as Escher Wyss AG, was a Swiss industrial company with a focus on engineering and turbine construction. Its headquarters were in the Zürich quarter of Escher Wyss, which takes its name from the company. Histor ...

, Switzerland *Ge Hydro, Canada *Hemi Controls, Canada *I.P.Morris, USA *KMPT Ag, GermanyEANS-Adhoc: Andritz erwirbt KMPT AG, Deutschland
Retrieved 12 June 2018. *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

References

External links

*
Vienna Stock Exchange: Market Data Andritz AG
{{DEFAULTSORT:Andritz Ag 1852 establishments in the Austrian Empire Austrian brands Companies established in 1852 Industrial machine manufacturers Engine manufacturers of Austria Companies based in Graz Pump manufacturers Water turbine manufacturers Multinational companies headquartered in Austria