Announced
Completed
Synopsis
ANDRITZ, an international technology group, completed the acquisition of Procemex, an electronics manufacturer. Financial terms were not disclosed. “Procemex’s advanced solutions perfectly complement our product portfolio for improving plant operations in the pulp and paper industry. Machine vision systems are a fundamental building block for plant autonomy. We look forward to welcoming the Procemex team to ANDRITZ and working together to provide the best customer support,” Jarno Nymark, ANDRITZ Executive Board Member.
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