Transaction involving Iggesund Tools and Andritz

Target Company Name Iggesund Tools
Target Country Sweden
Buyer Name/MBO Team/MBI Team Andritz
Buyer Country Austria
Transaction Description Sale of Iggesund Tools to international technology Group ANDRITZ. Iggesund Tools supplies wood chipping and debarking equipment, mainly chipper knife systems, for pulp and saw mills. The ANDRITZ PULP & PAPER business area is thus strengthening and complementing its service offerings in the wood processing area.
Global M&A Office Global M&A Sweden
Global M&A Advisory Global M&A Sweden initiated the transaction and advised the sellers.