Monday, 3 October 2011

Acquisition strengthens pulp & paper offering

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.

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