Chambéry, France -- World renowned Italian steel and engineering company Danieli & C Officine Meccaniche has added to its recycling product portfolio with the strategic share buy-out of Akros Henschel SAS, a world leader in hydraulic scrap shears, balers, pre-shredders and vertical grinders. Since 1970 Akros Henschel businesses have delivered more than 450 large scrap processing machines worldwide. The deal will see Danieli take control of primary manufacturing facilities in Chambéry, France, and Kassel, Germany, both of which will continue to work alongside existing Danieli facilities in Italy, Thailand, China and India. The on-going business will adopt the name Danieli Henschel.

With annual revenues in excess of Euro 3.0 billion, Danieli is one of the world`s largest privately controlled integrated engineering and manufacturing groups. Emanuele Brusini, Executive Vice President said: "The Akros Henschel product line and business units will be merged into the Danieli Centro Recycling division. In the past year Danieli has delivered significant turnkey projects for scrap processing facilities within our traditional steel making markets. By adding large hydraulic scrap shears and balers we see tremendous opportunity for further vertical integration of scrap preparation, handling and continuous charging processes within electric arc furnace (EAF) melt shops".

Daniel Damart, former Managing Director of Akros Henschel, will adopt a leading role within Danieli`s senior management team responsible for developing scrap processing markets outside of steel making. He added: "The Henschel brand is long established and renowned within the scrap metal recycling communities of the world for quality in both design and operation. The combination of our pre-shredders, large static and mobile scrap shears and balers with Danieli`s existing shredder range enables the new group to meet the needs of both the smallest and largest scrap processing companies of the world".

Quelle: Akros Henschel

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