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The portfolio of ANDRITZ includes machinery, equipment, systems, and services for the pulp and paper industry, for the hydropower sector, the metalworking and forming industry, and for pump technology, municipal and industrial separation technology, animal feed, and biomass pelleting. Its range of global products and services is rounded off by equipment for power generation, flue-gas cleaning, recycling, and the production of nonwovens and panelboards. The listed company employs just under 27,000 people at more than 280 locations in over 40 countries.

 

In autumn 2020, ANDRITZ Austria agreed a comprehensive sale-and-lease-back program for its existing IT assets with CHG-MERIDIAN. The assets comprised 4,300 computers, of which more than three-quarters were laptops. In early 2021, the Finnish subsidiary sold its IT equipment to CHG-MERIDIAN and has been leasing it back on cost-effective terms ever since. ANDRITZ is currently considering further projects in other countries to follow as soon as 2022. A global rollout is planned for the years ahead.

Challenges

High administrative effort Manufacturer diversity leads to high resource commitment.
Lack of transparency Cost structure difficult to manage.
Hight training invests Model diversity leads to high costs for staff training.

On the path to digital transformation with automated processes

As an international company, ANDRITZ has to manage its IT infrastructure across countries and always maintain an overview - from anywhere. The company's own partners need to be involved locally in procurement and processes need to be coordinated worldwide.

Our formula for success

assets Launch project in Austria: 4,300 computers, more than three quarters of them notebooks. Now rolled out worldwide in 28 countries.
finance Classic leasing: "Use instead of own" is the motto of our financing concept. With regular installments instead of large investments, leasing offers better budget planning and protects liquidity.
services Lifecycle ServicesAsset management system tesmaCertified data erasure eraSURE

The next steps

Together with Brunnsteiner, who is defining the rollout strategy with his CFO, discussions have already been held with numerous ANDRITZ subsidiaries on whether and how they would like to participate in the financing rollout. “The collaboration in Austria and Finland works very well, and the preparations for the rollouts in further countries are going to plan. The advantage here is that we can use the experience gathered in our initial projects to scale our processes accordingly,” says König.

Almost all of the assets returned to CHG-MERIDIAN at the end of the lease are given a second life. Used equipment is sustainably refurbished and prepared for further use at the company’s technology centers. This is an integral element of CHG-MERIDIAN’s circular economy approach and is the perfect complement to ANDRITZ’s ‘We Care’ sustainability strategy, to which all employees feel duty-bound. “From a financial, technological, and environmental point of view, the CHG-MERIDIAN portfolio is a perfect match for us,” says Brunnsteiner.  

“As we operate internationally, it is essential that our technology and funding partner also has a global presence. CHG-MERIDIAN is able to offer infrastructure management from a single source in 28 countries. We make full use of the consultancy and financial services provided, and are considering the remarketing of decommissioned assets going forward.”
Mario Brunnsteiner, Head of IT Finance and Contract Management, Group IT, at ANDRITZ

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