FONT-SIZE Plus   Neg

ANDRITZ Purchases Bricmont From Inductotherm - Quick Facts

ANDRITZ AG (ADRZF.PK) said it has acquired Bricmont Inc. from Inductotherm Group. The purchase price is not disclosed.

According to ANDRITZ, with the acquisition of Bricmont, the company is thus further enlarging its product offerings in furnaces and also strengthening its presence in North America, China, and India.

Gary Doyon, chief executive officer of the Inductotherm Group, commented, "The sale of Bricmont to ANDRITZ focuses Inductotherm on our core strengths in our growing operations in China and India."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several...
comments powered by Disqus
Follow RTT