Andritz Expands Footprint with Acquisition of Italy's Salico Group
Deal News | Jun 26, 2025 | Finance Community IT - 1 Corporate M&A
The Austrian technology group Andritz has signed an agreement to acquire Italy-based Salico Group, with subsidiaries in the UK, the USA, and India. Salico, established in 1978, specializes in advanced finishing plants for processing ferrous and non-ferrous metals into sheets and strips. The acquisition is part of Andritz's strategic initiative to enhance their comprehensive service offerings in metal processing. The acquisition strengthens Andritz's product portfolio and will bolster its global sales and service network. Financial advisors involved in the deal include Adacta Advisory and PKF Attest, with legal advice from Adacta Tax & Legal and PKF Attest Legal y Fiscal.
Sectors
- Metal Processing
- Mergers and Acquisitions
Geography
- Italy – Salico Group, the company being acquired, is based in Italy, underscoring the geographical significance of the acquisition.
- Austria – Andritz, the acquiring company, is an Austrian technology group, making Austria a key component of the transaction geography.
- Various (UK, USA, India, Spain) – Salico Group operates subsidiaries in the UK, the USA, India, and Spain, indicating a broad geographical footprint relevant to the acquisition.
Industry
- Metal Processing – The acquisition centers around companies specializing in metal processing, focusing on the provision of advanced metal finishing plants.
- Mergers and Acquisitions – The article details the acquisition deal between Andritz and Salico Group, a key activity within the M&A industry.
Financials
- 100 million Euros – The annual revenue of Salico Group, indicating the financial size of the company being acquired.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Andritz | Acquiring Company | Company | An Austrian technology group focusing on comprehensive services in metal processing. |
| Salico Group | Target Company | Company | An Italian company specializing in advanced metal finishing for ferrous and non-ferrous metals. |
| Adacta Advisory | Financial Advisor | Company | Provided financial advisory services to Salico Group for the acquisition transaction. |
| PKF Attest | Financial Advisor | Company | Partnered with Adacta Advisory to provide financial consultancy to Salico Group. |
| Adacta Tax & Legal | Legal Advisor | Company | Handled legal aspects of the acquisition on behalf of Salico Group. |
| PKF Attest Legal y Fiscal | Legal Advisor | Company | Collaborated on legal matters for the acquisition process for Salico Group. |