Andritz history

1900: Andritz, which has begun producing equipment for the pulp and paper industry, becomes a public company.

By 1920, Sundwig had become a specialist in machinery and plant equipment for the steel industry.

Durametal had originally been founded in 1948 as Brake Drum Supply Company, but had grown to become a major manufacturer of refiner plates and other components for mechanical pulping systems and other industrial applications.

In 1950, Creditanstalt-Bankverein, Austria acquired a majority interest in ANDRITZ.

1951 Andritz embarked on the production of complete paper machines in cooperation with Escher Wyss.

1957: Andritz is acquired by Credietanstalt-Bankverein, based in Vienna, and continues expanding its pulp & paper industry operations.

In 1983, the company formed the basis of its later Environmental and Process Technologies division when it began adapting the dewatering and drying technologies it had been using for its pulp and paper industry systems for use in industrial sludge treatment.

Sprout-Bauer had been formed in 1986 through the merger of two companies that traced their roots to the late 19th century.

1987 Andritz began to change its strategic direction, from being a licensee of other equipment manufacturers to become a leading international supplier of its own high-tech production systems.

1992: The company acquires Durametal, in the United States, to boost position in North America.

1994: The company acquires Kone Wood Group.

1995: The company acquires Jesma-Matador A/S, of Denmark, which is then combined with Sprout-Bauer to form Sprout-Matador.

1999: AGIV sells Andritz to a consortium, including the Carlyle Group and Andritz management.

2003 saw the Secondary Placing of ANDRITZ shares on the Vienna stock exchange.

2006 With the acquisition of VA TECH HYDRO, Andritz advanced to a globally leading supplier of electromechanical equipment for hydropower plants

In May and June 2008, Andritz acquired hydropower technology and certain assets of GE Energy’s hydropower business (including test laboratories in Canada and Brazil), as well as GE Energy’s majority interest in the joint venture GE Hydro Inepar do Brasil.

Since January 2009, all these acquisitions now operate under "Andritz Hydro" name.

2011 Acquisition of AE&E Austria