Andritz to acquire Xerium

Details

YOUNGSVILLE – Xerium Technologies is planning to be acquired by Andritz for $13.50 per share, in an all-cash transaction.

Xerium supplies machine clothing, consisting of engineered fabrics, felts, belts, roll covers and associated rolls and other technologies, to the paper and nonwovens industries, as well as to the building industry and other speciality markets.

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