FLSmidth sells bulk material handling business to Rainbow Heavy Machineries

FLSmidth has agreed to sell its non-mining bulk material handling business to Rainbow Heavy Machineries. The transaction includes transfer of employees, brand and IPR, with FLSmidth retaining ongoing projects to be delivered through an operational agreement.

“FLSmidth has reached an agreement to sell its bulk material handling business to Rainbow Heavy Machineries.”fls.com

• 1 source
• fls.comFLSmidth exits bulk material handling businessJan 9, 2019

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