Andritz Acquires NSC Nonwoven, France and China

Published: September 21, 2011; 11:38 · (Vindobona)

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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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).

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.