# FLSmidth finalises acquisition of Sandvik Mining Systems projects business

FLSmidth completed the acquisition of Sandvik Mining Systems projects business, including continuous surface mining and minerals handling technologies, except for assets in South Africa pending clearance. Over 200 employees will transfer.

- Type: Acquisition
- Announced: 2017-11-02
- Where: Denmark
- Jobs: 200
- Status: completed
- Products: continuous surface mining and minerals handling equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [FLSmidth](https://endata.com/companies/4673.md) (acquirer)
- [Sandvik](https://endata.com/companies/6190.md) (target)

## Sources

- [worldcoal.com](https://www.worldcoal.com/handling/02112017/), 2017-11-02: "FLSmidth acquires Sandvik Mining Systems’ continuous surface mining and minerals handling technologies."
- [fls.com](https://fls.com/en/announcements/2017/flsmidth-finalises-acquisition-and-takes-over-part-of-sandvik-mining-systems), 2017-11-02: "The previously announced acquisition of the Sandvik Mining Systems projects business is now concluded except for the transfer of assets in South Africa which is awaiting merger control clearance."
- [mining.com](https://www.mining.com/flsmidth-grabs-piece-sandvik/), 2017-11-08: "With this acquisition we will be able to increase the productivity of the complete 'Pit to Plant' operation by better integrating upstream mining with downstream processing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.