ANDRITZ Strengthens Position in Tissue, Paper Industry by acquiring A.Celli Paper

International technology group ANDRITZ has signed an agreement to acquire the Italian company 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, the company widened its portfolio of winders,
rewinders, systems for roll handling and packaging, as well as tissue machines and services through
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.”