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A.Celli Paper: Andritz Signs Agreement to Acquire A.Celli Paper
International technology group Andritz has signed an agreement to acquire A.Celli Paper. A.Celli Paper has decades of experience in the supply of machinery and key equipment for the production of tissue, paper and board grades. In 2020 A.Celli Paper widened its portfolio of winders, rewinders, systems for roll handling and packaging, as well as tissue machines and services by the acquisition of PMT. A.Celli Paper is headquartered in Lucca, Italy, and operates additional locations in Pinerolo, Italy, and Shanghai, China. It achieves annual revenues in the range of 70 MEUR with a team of more than 100 experts. Alexander Wassermann, Andritz Executive Vice President Paper & Textile, says: “This strategic move is driven by our commitment to providing comprehensive, innovative solutions to our customers. It expands our capabilities in key areas such as winding and rewinding technologies, making us a leading full line supplier from fiber to the packaged paper rolls, while also strengthening our service business.” Alessandro Celli, shareholder of A.Celli Group (Italia Technology Alliance), adds: “In its eighty- year history, A.Celli Paper has developed a wide portfolio of products and services through investments and innovation. This has been made possible by the commitment of our family and our employees. Joining a multinational organization such as Andritz represents an opportunity for A.Celli Paper to further develop and grow in the tissue and paper market. Despite the change, the priority remains to ensure business continuity and excellent service to our customers.” A.Celli paper
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