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26.06.2025 12:00:03

EQS-News: ANDRITZ to acquire Salico Group

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.


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 andritz.com/news.

FOR FURTHER INFORMATION, PLEASE CONTACT
Niklas Jelinek
Media Relations
niklas.jelinek@andritz.com
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.



26.06.2025 CET/CEST This Corporate News was distributed by EQS Group. www.eqs.com


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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