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Andritz Acquires NSC Nonwoven, France and China
Austrian 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).
Andritz Acquires NSC Nonwoven, France and China / Picture: © Andritz
The acquired companies have approximately 200 employees and generate aggregate annual sales of about € 40m. 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…
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