Andritz to Buy Pilão S.A. of Brazil
April 11, 2006 - Andritz said that it has signed an agreement to acquire Pilão S.A. of Brazil.
The purchase price was not disclosed.
The deal will extend Andritz product range for refiner plates and for conical refiner technology, and further expand its presence in South America, the company said.
Pilão S.A., with headquarters in São Paulo, specializes in low-consistency refining technology, including services and the manufacture of refiner plates. It is particularly noted for small machines and its conical and disc refiner plate business. The company's welded refiner fillings are especially focused on conical refiner needs.
According to Andritz, Pilão has a substantial installed base, including key customers in South America and Southeast.
Pilão employs about 100 workers and operates a production site in Brazil, which will be integrated into the worldwide Andritz sales and services network.