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21st Austria weekly - ams Osram, Andritz, Mayr-Melnhof Holz (20/12/2021)

26.12.2021

ams Osram: ams OSRAM, an Austrian based leader in optical solutions, announced that it has entered into a definitive agreement to sell its Fluence horticulture lighting systems business and brand to Signify for an agreed purchase price of USD 272 mn on a debt free / cash free basis, in line with previous comments on an expected larger size disposal. This transaction represents a further significant step in the execution of ams OSRAM’s strategy to focus and re-align its business portfolio on its core technology areas in illumination, visualization and sensing, which continues to include advanced LED solutions for horticulture lighting. ams OSRAM will continue to be a strategic LED supplier to the combined business for horticultural applications.

Andritz: International technology group Andritz has received an order from the Brazilian pulp and paper company Suzano to deliver an energy-efficient Ash ReCrystallization (ARC) plant for the recovery boilers at its eucalyptus kraft pulp mill in Barra do Riacho, Brazil. The estimated start-up date for the ARC plant is the first half of 2022.

Mayr-Melnhof Holz: The Mayr-Melnhof Holz Holding Group, based in Leoben, Austria, has signed an agreement on December 17th, 2021 to acquire the Swedish sawmill group Bergkvist Siljan from ESSVP IV, advised by Orlando Nordics AB. This continues the consistent expansion and growth strategy of the Austrian wood processing group. In 2022, for the first time in its 170-year history, the company will generate sales of over 1 bn Euro. The closing is expected to take place during the 1st quarter of 2022, subject to approval of the relevant competition authorities. It has been agreed not to disclose the purchase price.

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (20/12/2021)


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21st Austria weekly - ams Osram, Andritz, Mayr-Melnhof Holz (20/12/2021)


26.12.2021, 1801 Zeichen



ams Osram: ams OSRAM, an Austrian based leader in optical solutions, announced that it has entered into a definitive agreement to sell its Fluence horticulture lighting systems business and brand to Signify for an agreed purchase price of USD 272 mn on a debt free / cash free basis, in line with previous comments on an expected larger size disposal. This transaction represents a further significant step in the execution of ams OSRAM’s strategy to focus and re-align its business portfolio on its core technology areas in illumination, visualization and sensing, which continues to include advanced LED solutions for horticulture lighting. ams OSRAM will continue to be a strategic LED supplier to the combined business for horticultural applications.

Andritz: International technology group Andritz has received an order from the Brazilian pulp and paper company Suzano to deliver an energy-efficient Ash ReCrystallization (ARC) plant for the recovery boilers at its eucalyptus kraft pulp mill in Barra do Riacho, Brazil. The estimated start-up date for the ARC plant is the first half of 2022.

Mayr-Melnhof Holz: The Mayr-Melnhof Holz Holding Group, based in Leoben, Austria, has signed an agreement on December 17th, 2021 to acquire the Swedish sawmill group Bergkvist Siljan from ESSVP IV, advised by Orlando Nordics AB. This continues the consistent expansion and growth strategy of the Austrian wood processing group. In 2022, for the first time in its 170-year history, the company will generate sales of over 1 bn Euro. The closing is expected to take place during the 1st quarter of 2022, subject to approval of the relevant competition authorities. It has been agreed not to disclose the purchase price.

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (20/12/2021)



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