Dec 4, 2020ACQUISITIONCours, France ANDRITZ to acquire Laroche, a fiber processing technology supplier
ANDRITZ signed an agreement to acquire LM Industries, comprising Laroche SA and Miltec SA in France. Laroche is a supplier of fiber processing technologies including opening, blending, airlay web forming, and textile recycling. Closing is expected in early 2021.
Productsfiber processing technologiesopening and blending equipmentairlay web formingtextile recycling
“This acquisition is the logical conclusion in view of the successful long-term relationship between ANDRITZ and Laroche.”andritz.com
- 5 sources
- andritz.comANDRITZ to acquire Laroche, FranceANDRITZ AGDec 4, 2020
- textileworld.comANDRITZ To Acquire France-Based Laroche | Textile WorldJim BornemanDec 4, 2020
- textilegence.comANDRITZ to acquire Laroche, France - TextilegenceEngin BuzDec 10, 2020
- specialtyfabricsreview.comAndritz will acquire Laroche - Specialty Fabrics ReviewATADec 11, 2020
- worldoftechnicaltextile.comANDRITZ to acquire Laroche, France - Techtextiles & NonwovensThe Textile MagazineDec 15, 2020
Summarized from public sources; check the original articles before acting on it.
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