April 8, 2013
Andritz acquires majority share of Shanghai Shende Machinery
Press release
The Andritz Group acquired the majority share (80%) of Shanghai Shende Machinery Co. Ltd in February 2013, which now forms part of the Andritz Feed & Biofuel business area.
Shanghai Shende Machinery Co. Ltd was established in 1992 co-founded by Germany-based Munch Group, and has since established its reputation in the Chinese marketplace as the provider of cost-effective feed and biomass technologies and solutions.
In recent years Shende has successfully developed a new technology business within the Chinese and Southeast Asian bio-fuel sector, with its pelleting technology and plant solutions. Today, the company is known for its quality feed-processing machines and feed plant solutions, as well as high quality pellet mill dies and other aftermarket products and services to feed plants and biomass pelleting plants.
The technologies, project design solutions, customer base and market segments of Shende complement the current business and growth strategy of Andritz Feed & Biofuel in China as well as in markets outside China.
Shende''s product lines , project design and aftermarket offerings will be streamlined and marketed as separate brands from Andritz Feed & Biofuel brand product lines and services in the market.
Shende''s operations will be managed from the Shende plant in the Songjiang district in Shanghai, by a team headed by Ren Shu, who has built up the technology and market position of Shende over the last 20 years.
With Andritz''s strong technology position in the global market, its ownership of Shende will further enhance the development of Shende technologies and services to its customers, and make the investments needed to support further growth of Shende in the China domestic market as well as its export business.
Andritz Feed & Biofuel operates in China under Andritz China Ltd., with manufacturing plant in Sanshui, Guangdong Province and project engineering and sales offices located in Liyang City, Jiangsu Province.
Andritz developed rapidly in China in several business areas since the 1990s. It currently employs about 1,500 people in China, and a further 1,400 in other Asian countries.