# Xerium shareholders approve merger with Andritz

Stakeholders of Xerium Technologies approved the merger agreement with Andritz AG, under which Xerium will be acquired by Andritz. The transaction is expected to close in Q4 2018, pending remaining regulatory approvals.

- Type: Acquisition
- Announced: 2018-09-10
- Status: announced
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [ANDRITZ](https://endata.com/companies/2007.md) (acquirer)
- [Xerium Technologies](https://endata.com/companies/19022.md) (target)

## Sources

- [alchempro.com](https://www.alchempro.com/news/technical-textiles/stakeholders-clear-way-for-xerium-s-merger-with-andritz-244435-newsdetails.htm), 2018-09-10: "The favourable vote clearly supports our view that Andritz’s proposal to acquire Xerium is the best outcome for all of our stockholders."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.