EQS-News: Andritz AG / Key word(s): Takeover
ANDRITZ to acquire Salico Group
26.06.2025 / 12:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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GRAZ, JUNE 26, 2025. International technology group ANDRITZ has signed an
agreement to acquire Salico Group, headquartered in Italy and Spain,
including its subsidiaries in the UK, USA, and India. Salico specializes
in the design and manufacture of advanced finishing equipment for metal
flat strip processing. This acquisition marks another important step in
ANDRITZ’s strategy to become the full-line supplier for the entire
downstream portfolio in the ferrous and non-ferrous industries.
Founded in 1978, Salico has over 45 years of experience in supplying metal
flat strip finishing equipment. With locations in five countries and a
manufacturing base in and around Molteno, Italy, the company achieves
annual revenues in the range of 100 million euros with a team of more than
150 experts.
Salico’s product portfolio complements ANDRITZ’s capabilities in supplying
and servicing finishing equipment for various steel and aluminum grades
and all strip dimensions. Its sales and service network will further
strengthen ANDRITZ’s global presence and support continued growth in the
finishing segment and related service business.
Guido Burgel, Senior Vice President, Metals Processing at ANDRITZ says:
“By combining Salico’s experience in all standard finishing lines with our
expertise in high-strength tension and multi-roll leveling lines, we are
broadening our technology portfolio to address a wider range of customer
needs. This acquisition allows us to offer our customers the whole
downstream process from ANDRITZ and provide comprehensive, innovative
solutions for efficient and reliable operation of finishing lines
throughout their lifecycle.”
José María Gerbolés, CEO of the Salico Group says: “We are looking forward
to the integration of Salico into a global technology leader like ANDRITZ.
Together with our highly motivated team of professionals, we are excited
about this new scenario, which provides great opportunities for joint
growth and development. United, we will serve our customers with
flexibility, fast response time, a direct approach, and the strength of
the ANDRITZ Group.”
Closing of the transaction is expected within the next few weeks.
– End –
PRESS RELEASE AVAILABLE FOR DOWNLOAD
The press release is available for download at (1)andritz.com/news.
FOR FURTHER INFORMATION, PLEASE CONTACT
Niklas Jelinek
Media Relations
(2)niklas.jelinek@andritz.com
(3)andritz.com
ANDRITZ GROUP
International technology group ANDRITZ provides advanced plants,
equipment, services, and digital solutions for a wide range of industries,
including pulp and paper, metals, hydropower, environmental, and others.
Founded in 1852 and headquartered in Austria, the publicly listed group
employs about 30,000 people at 280 locations in over 80 countries.
As a global leader in technology and innovation, ANDRITZ is committed to
fostering progress that benefits customers, partners, employees, society,
and the environment. The company’s growth is driven by sustainable
solutions enabling the green transition, advanced digitalization for
highest industrial performance, and comprehensive services that maximize
the value of customers’ plants over their entire life cycle. ANDRITZ. FOR
GROWTH THAT MATTERS.
ANDRITZ METALS
ANDRITZ Metals is – via the Schuler Group – one of the world’s leading
suppliers of technologies, plants and digital solutions in metal forming.
The product portfolio also includes automation and software solutions,
process know-how and service. In the metals processing segment, the
business area offers innovative, sustainable and market-leading solutions
for the production and processing of flat products, for welding systems
and furnaces with its own burner solutions, as well as services for the
metals processing industry.
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26.06.2025 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: 2161154
End of News EQS News Service
2161154 26.06.2025 CET/CEST
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