FLSmidth has officially acquired the Mining business of thyssenkrupp AG, following the approval from regulators globally. With immediate effect, thyssenkrupp Mining becomes part of FLSmidth. As this is an acquisition (as opposed to a merger) by FLSmidth, the entities of thyssenkrupp mining will operate under the FLSmidth name and brand.
The proposed acquisition was announced in 2021. Since then, up until final approvals were received, it has been planning for the integration of thyssenkrupp’s Mining business into FLSmidth.
This planning phase has now ended and the company entered into an integration phase where thyssenkrupp’s Mining equipment, solutions, digital solutions and service business will now be integrated into the FLSmidth portfolio. During this time, there will be as few changes as possible for customers in supply chain, service, digital support and other areas.
Following over 12 months of integration planning, involving a team of 250 people, the company is ready for a smooth start and to maintain, as far as possible, business as usual.
With the acquisition, FLSmidth strengthens its position as a leading supplier for the customers in the global mining industry. The combined full-line coverage of FLSmidth and thyssenkrupp’s Mining business includes a strengthening of its pit-to-plant range of technology, equipment and service expertise, as well as best-in-class digital solutions and market leading HPGR, Eccentric Roll Crusher and Overland Conveyor technology.
Thyssenkrupp is going to be among the delegates at CarbonZero: Alternative Fuels and Raw Materials Global Conference and Exhibition (Nov 10-11), held at Pestana Palace Hotel & National Monument Lisbon.
Get your tickets at carbonzero@industrylink.eu
Source: https://bit.ly/3x7HNH4
