ABB completes acquisition of Lorentzen & Wettre
ABB has completed its acquisition of Lorentzen & Wettre from ASSA ABLOY AB.
Lorentzen & Wettre manufactures equipment for quality control, process optimization and test instrumentation for the pulp and paper industry. The acquisition enhances ABB’s position as a leading pulp and paper solutions provider and complements ABB’s existing portfolio. Lorentzen & Wettre will be integrated into ABB’s Process Automation division.
Looking Back – 11-2-13, Nordex Alert
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