Company takeover (www.industrial-production.de)
Andritz takes over induction heating specialist Sanzheng
Andritz acquires 51% of Baoding Sanzheng Electrical Equipment, strengthening its portfolio for industrial induction heating and steel processing.
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Otorio sold to Armis
The international technology group Andritz has sold its stake in Otorio, a provider of Operational Technology (OT) and Cyber Physical Systems (CPS) security, to Armis. At the same time, the companies have entered into a strategic partnership.
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