ANDRITZ aims to significantly strengthen its recovery and power boiler service business with the acquisition of Diamond Power International, 120-year-old supplier of boiler cleaning technologies to the pulp, paper and power industries.
Jun 11, 2025
International technology group ANDRITZ has signed an agreement to acquire Diamond Power International LLC, including its subsidiaries and manufacturing locations, from the US-based Babcock & Wilcox Enterprises Inc (B&W).
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Diamond Power is a designer and manufacturer of advanced boiler cleaning systems, having more than 120 years experience of supplying boiler cleaning technologies for the pulp, paper and power industries. It has locations in 15 countries, along with manufacturing bases in Lancaster, Ohio, USA and Dumbarton, Scotland, UK.
The comprehensive sales and service network of Diamond Power will further strengthen ANDRITZ’s global presence, offering potential for future growth from boiler-related products with a high share in services.
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In addition to cleaning technologies, Diamond Power provides a variety of process optimization products, including monitoring systems such as high-definition and infrared light cameras, process gas temperature measuring pyrometers, and temperature measurement software.
The transaction is expected to close within 30 to 60 days.
