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Andritz acquires Soutec AG

publication date: Jun 28, 2012

International technology Group Andritz has acquired Soutec AG, based in Neftenbach, Switzerland, including its subsidiaries in China and the USA, from VTC Industrieholding, Germany. The company has around 90 employees and generates annual sales of approximately 30 MEUR. It was agreed not to disclose the purchase price.
Andritz Soutec is a leading global supplier of laser and rolled seam resistance welding systems for the metalworking industry. These welding systems are used in particular to manufacture light components, for example car body parts (tailor welded blanks), fuel tanks, or exhaust components for various industries.


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