EANS-News: ANDRITZ acquires NSC Nonwoven, France and China

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Mergers - Acquisitions - Takeovers

Graz (euro adhoc) - Graz, September 21, 2011. International
technology Group ANDRITZ has signed a contract to acquire NSC Group´s
nonwoven division encompassing its affiliates Asselin-Thibeau
(Elbeuf, France) and NSC Wuxi (Wuxi, China). The acquired companies
have approximately 200 employees and generate aggregate annual sales
of about 40 MEUR. It was agreed not to disclose the purchase price;
the contract is subject to approval by the relevant authorities and
is expected to come in force during the fourth quarter of 2011.

NSC Nonwoven - now ANDRITZ Asselin-Thibeau - supplies systems for
drylaid nonwoven production, mainly for textile and hygiene
applications. The ANDRITZ PULP & PAPER business area is thus
strengthening and complementing its product range for the nonwovens
industry. In combination with the proven products and technologies of
ANDRITZ Küsters and ANDRITZ Perfojet, ANDRITZ will be able to supply
complete vertical system solutions for production of nonwovens to its
customers.

- End -

The ANDRITZ GROUP The ANDRITZ GROUP is a globally leading supplier of
plants and services for the hydropower, pulp and paper, metals, and
other specialized industries (solid/liquid separation, feed, and
biofuel). The Group is headquartered in Graz, Austria, and has a
staff of approximately 16,100 employees worldwide. ANDRITZ operates
over 180 production sites, service, and sales companies all around
the world.

Further inquiry note:
Dr. Michael Buchbauer
Head of Group Treasury, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

end of announcement euro adhoc
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company: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: welcome@andritz.com
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English