# LKAB Minerals signs agreement to acquire Francis Flower

LKAB Minerals has signed an agreement to acquire full ownership of Francis Flower, an English industrial minerals company, in a cash deal. Francis Flower has annual sales of approximately 70 million GBP and employs 130 people across four sites in England.

- Type: Acquisition
- Announced: 2018-10-10
- Where: England (Scunthorpe, Wicken, Gurney Slade, Runcorn), United Kingdom
- Jobs: 130
- Status: announced
- Products: Ground Granulated Blast furnace Slag (GGBS), mineral products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [LKAB Minerals](https://endata.com/companies/34821.md) (acquirer)
- [Francis Flower](https://endata.com/companies/34822.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/lkab/r/lkab-minerals-signs-agreement-to-acquire-francis-flower--an-english-industrial-minerals-company,c2639598), 2018-10-10: "Acquiring Francis Flower accelerates our growth within the Industrial Minerals market."
- [miningconnection.com](https://miningconnection.com/surface/news/article/industrial_minerals_group_lkab_minerals_to_acquire_francis_flower), 2018-10-11: "Francis Flower will bring a portfolio of sustainable products that will strengthen LKAB Minerals position as a supplier for the Building and Construction industry."

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