SELB, Germany - International technology group Andritz has signed an agreement to buy the Filtration Business Unit of the international NETZSCH Group, based in Germany. The parties have agreed not to disclose the purchase price. The acquisition is subject to the approval by antitrust authorities and was scheduled to close in July.

The NETZSCH Filtration Business Unit supplies different types of dewatering units, in particular filter presses, for solid/liquid separation in industrial and municipal applications. With approximately 270 employees, it achieves annual sales of approximately EUR 35 million.