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ANDRITZ has signed a contract for the acquisition of Novimpianti Drying Technology S.r.l., a company owned by Novigroup S.r.l. and based in Lucca, Italy. Novimpianti has approximately 40 employees and generates annual sales of approximately 10 MEUR.

Novimpianti is a global supplier of engineered equipment and services for air and energy systems to the paper industry’s leading manufacturers.

For ANDRITZ, the acquisition of Novimpianti further strengthens its product offerings in the field of air and energy systems, mainly for tissue and paperboard machines.