International technology Group ANDRITZ has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France.
ANDRITZ will take over all Laroche entities and their business worldwide. Closing of the transaction, which is subject to approval by the ANDRITZ Supervisory Board, is expected at the beginning of 2021.
Laroche is a leading supplier of fiber processing technologies such as opening, blending and dosing, airlay web forming, textile waste recycling and decortication of bast fibers. The product portfolio further complements the ANDRITZ Nonwoven product range. ANDRITZ is now able to offer the
ANDRITZ will take over all Laroche entities and their business worldwide. Closing of the transaction, which is subject to approval by the ANDRITZ Supervisory Board, is expected at the beginning of 2021.
Laroche is a leading supplier of fiber processing technologies such as opening, blending and dosing, airlay web forming, textile waste recycling and decortication of bast fibers. The product portfolio further complements the ANDRITZ Nonwoven product range. ANDRITZ is now able to offer the
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