Andritz Acquires RITZ Pumpenfabrik, Germany

Published: November 2, 2010; 11:23 · (Vindobona)

International technology Group ANDRITZ has signed a contract to acquire the German company RITZ

Andritz Acquires RITZ Pumpenfabrik, Germany / Picture: © Flickr

Pumpenfabrik GmbH & Co. KG, based in Schwäbisch Gmünd, Germany, including various affiliates. The company has approximately 280 employees and generates annual sales of about 40 MEUR. It was agreed, not to disclose the purchase price; the contract is subject to approval by the relevant authorities and is expected to come into force in the fourth quarter of 2010.

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Andritz Acquires RITZ Pumpenfabrik, Germany

International technology Group ANDRITZ has signed a contract to acquire the German company RITZ

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