EQS-News: Andritz AG / Key word(s): Takeover
ANDRITZ strengthens environmental offering with acquisition of LDX
Solutions
04.02.2025 / 11:35 CET/CEST
The issuer is solely responsible for the content of this announcement.
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GRAZ, FEBRUARY 4, 2025. International technology group ANDRITZ has
acquired LDX Solutions, a leading provider of emission reduction
technologies and related services in the North American industrial market,
with annual revenues of about $100 million. This acquisition further
strengthens ANDRITZ’s offering of environmental technologies and its
presence in the growing North American market.
Comprising the strong legacy brands of Dustex®, Geoenergy® and Western
Pneumatics, LDX Solutions offers a wide range of technologies and
engineered solutions for a cleaner environment. The company’s wet
electrostatic precipitators (WESP) and regenerative thermal oxidizers
(RTO) will further complement ANDRITZ’s comprehensive clean air
technologies portfolio. With a team of 250 experts, decades of experience,
and an installed base of more than 2,000 systems, LDX Solutions also
enhances the service offering for ANDRITZ customers throughout North
America.
Harald Reissner, Senior Vice President Clean Air Technologies at ANDRITZ,
says: “We are very pleased to welcome the LDX Solutions team to our
Environment & Energy business area. Their long-standing industry
experience, excellent product portfolio and operational excellence
perfectly support our long-term growth strategy that focuses on
sustainable solutions minimizing CO(2) footprint.”
– End –
PRESS RELEASE AND PHOTO AVAILABLE FOR DOWNLOAD
The press release and image are available for download at
andritz.com/news. The image may be published free of charge if the source
is stated: “Photo: LDX Solutions”.
FOR FURTHER INFORMATION, PLEASE CONTACT
Niklas Jelinek
Media Relations
(1)niklas.jelinek@andritz.com
(2)andritz.com
ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of
innovative plants, equipment, systems, services and digital solutions for
a wide range of industries and end markets. Sustainability is an integral
part of the company’s business strategy and corporate culture. With its
extensive portfolio of sustainable products and solutions, ANDRITZ aims to
make the greatest possible contribution to a sustainable future and help
its customers achieve their sustainability goals. ANDRITZ is a global
market leader in all four of its business areas – Pulp & Paper, Metals,
Hydropower and Environment & Energy. Technological leadership and global
presence are cornerstones of the group’s strategy, which is focused on
long-term profitable growth. The publicly listed group has around 30,000
employees and over 280 locations in more than 80 countries.
ANDRITZ ENVIRONMENT & ENERGY
ANDRITZ Environment & Energy is committed to environmental responsibility
and offers a broad range of technologies focusing on sustainable solutions
for various industries. The extensive product portfolio includes
technologies for the production of green hydrogen and renewable fuels, for
carbon capture and emission reduction, mechanical and thermal solid/liquid
separation, grinding, pelletizing, and for pumping fluids. Complemented by
cutting-edge automation and digitalization as well as comprehensive
services, they enable efficient and innovative solutions in processes such
as water and wastewater management, recycling, waste/sludge-to-value,
resource-saving battery-related mining, desalination, feed and food
valorization, air emission reduction and P2X.
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04.02.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com
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Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Phone: +43 (0)316 6902-0
Fax: +43 (0)316 6902-415
E-mail: welcome@andritz.com
Internet: www.andritz.com
ISIN: AT0000730007
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2080891
End of News EQS News Service
2080891 04.02.2025 CET/CEST
References
Visible links
1. mailto:niklas.jelinek@andritz.com
2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=c4f006ff249d8b5cd67063508605c06f&application_id=2080891&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
