Andritz Now Holds 53.5% in Schuler

International technology Group Andritz announces that it has acquired just over another 5% of the shares in Schuler AG since disclosing its decision to submit a voluntary public takeover offer. Andritz thus holds over 15% of the shares in Schuler AG; together with its previous acquisition of Schuler AG shares still subject to approval by the anti-trust authorities, Andritz now has access to more than 53.5% of the total shares.