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Andritz successfully closes its acquisition of Xerium Technologies

Image courtesy: Xerium
Image courtesy: Xerium
Published by
Simon Matthis - 18 Oct 2018

Andritz recently announced the successful closing of its previously announced acquisition of Xerium Technologies, Inc.

Xerium, headquartered in Youngsville, North Carolina, is a global manufacturer and supplier of machine clothing (forming fabrics, press felts, drying fabrics) and roll covers for paper, tissue, and board machines, including maintenance and aftermarket services. With its Smart® technology, the company provides a sophisticated digital software tool to optimize pressing performance by means of sensors integrated into the roll covers.