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Andritz Acquires Majority stake in Shanghai Shende Machinery
Austrian technology Group Andritz has acquired an 80% stake in Shanghai Shende Machinery Co. Ltd., a renowned supplier of technologies and systems for feed and biomass pelleting.
Andritz Acquires Majority stake in Shanghai Shende Machinery / Picture: © Vindobona.org
The Chinese company generates annual sales of approximately 20 million euros. Shanghai Shende Machinery supplies process technologies including the entire equipment and service portfolio for mid-size capacity animal/aquatic feed and biomass pelleting plants. With this acquisition, the Andritz Feed & Biofuel business area is strengthening its product and service…
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