Austria-headed international technology group Andritz AG (ANDRITZ) has announced that it has acquired Croatia-based boiler manufacturer Đuro Đaković Termoenergetska Postrojenja d.o.o. (DD-TEP).
DD-TEP is a well-established company with 100 years of experience in the production of boiler plants for various kinds of fuels meeting the most demanding parameters. The company has annual revenue of approximately EUR 60 million euros and employs around 870 people at its two locations in Slavonski Brod and Lužani in Croatia.
The company focuses on designing and manufacturing boiler facilities, energy islands, and power stations that process biomass and waste on grate technology, thus strongly supporting a circular economy.
Furthermore, DD-TEP also manufactures and delivers complete power stations on a “turn-key” basis with a power output larger than 2 MWe, producing electricity and heat energy from renewable biomass sources.
Customized pressure parts and boiler accessories
DD-TEP is a European leader in the production of customized pressure parts and boiler accessories. The state-of-the-art workshops have a capacity of a minimum of one million workshop hours and provide the highest quality pressure parts manufacturing.
The company continues providing manufacturing, engineering, and erection services also for other boiler suppliers.
According to ANDRITZ, the acquisition, the value of which has not been disclosed, will further strengthen its market position for renewable energy equipment, especially with grate technology.
Furthermore, it will “enhance its capacity and quality of manufacturing pressure parts and boiler auxiliary equipment to make it one of the leading service providers for inspections, maintenance, mechanical upgrades, spare parts, and workshop repair activities within the boiler and power industry.”
