Andritz recently announced that the takeover of a majority interest in publicly listed Schuler AG, Germany, has received full and unrestricted approval from the anti-trust authorities responsible. Enforcement will take place during the next few days; Andritz will then own more than 90% of the shares in Schuler AG.
As the technological and global market leader in metalforming, Schuler supplies machines, production lines, dies, process know-how, and services for the entire metal-working industry. With this acquisition, Andritz is expanding its product and service portfolio in the metals business area.
