Acquisition Opportunity Andritz acquired Procemex in June 2024, signaling a potential integration or cross-sell path with Andritz customer bases and services in the pulp and paper sector.

Global Paper Focus Strengthen outreach to large-scale papermaking and printing companies that rely on web monitoring and inspection to reduce downtime, presenting Procemex as a single-source, future-proof solution.

Technology Advantage Leverage Procemex’s software-configurable smart camera platform and upgradeable sensor design to upsell higher imaging performance and long-term service contracts to existing clients.

Strategic Partnerships Target customers already adopting high-end paperboard and packaging solutions (e.g., Nippon Dynawave Packaging) for 3D Web Inspection to expand into broader L3 process quality assurance.

Financial Upsell With revenue in the public range of $10M-$25M and rapid growth post-acquisition, present premium support, modernization, and monitoring-as-a-service offerings to boost recurring revenue and customer lifetime value.