# 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.

- Type: Acquisition
- Announced: 2020-12-04
- Where: Cours, France
- Status: announced
- Products: fiber processing technologies, opening and blending equipment, airlay web forming, textile recycling
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [ANDRITZ](https://endata.com/companies/2007.md) (acquirer)
- [Laroche](https://endata.com/companies/21248.md) (target)
- [Miltec](https://endata.com/companies/51640.md) (target)

## Sources

- [andritz.com](https://www.andritz.com/newsroom-en/nonwoven-and-textile/2020-12-04-laroche-nonwoven), 2020-12-04: "This acquisition is the logical conclusion in view of the successful long-term relationship between ANDRITZ and Laroche."
- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2020/12/andritz-to-acquire-laroche-france/), 2020-12-04: "This acquisition is the logical conclusion in view of the successful long-term relationship between Andrtiz and Laroche."
- [textilegence.com](https://www.textilegence.com/en/andritz-to-acquire-laroche/), 2020-12-10: "The international technology group ANDRITZ is making an important acquisition in the textile industry."
- [specialtyfabricsreview.com](https://specialtyfabricsreview.com/2020/12/11/andritz-will-acquire-laroche/), 2020-12-11: "Andritz has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France."
- [worldoftechnicaltextile.com](https://worldoftechnicaltextile.com/andritz-to-acquire-laroche-france/), 2020-12-15: "This acquisition is the logical conclusion in view of the successful long-term relationship between ANDRITZ and Laroche."

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