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. |
| Industry Sector | Industrials |
| Global M&A Office | Global M&A Sweden |
| Global M&A Advisory | Global M&A Sweden initiated the transaction and advised the sellers. |
