Jul 29, 2021ACQUISITION
FLSmidth to acquire thyssenkrupp's Mining business for EUR 325 million
FLSmidth has agreed to acquire thyssenkrupp's Mining business (TK Mining) for an enterprise value of EUR 325 million. The transaction is expected to close in H2 2022, subject to regulatory approvals.
Value
$384.0M (325.0M EUR)
Productsmining systemsmaterial handling equipmentmineral processing solutions
“TK Mining and FLSmidth are a perfect match, and I am proud to announce this agreement to join forces.”fls.com
- 5 sources
- fls.comFLSmidth to acquire thyssenkrupp’s Mining business – creating a global industry leader in mining technologyJul 29, 2021
- reuters.comFLSmidth agrees to buy Thyssenkrupp's mining unitJul 29, 2021
- northamericanmining.comFLSmidth to acquire thyssenkrupp mining business - North American Mining MagazineNAM StaffJul 29, 2021
- miningconnection.comFLSmidth to Acquire thyssenkrupp’s Mining Business for $386 Million | Mining Connection — The Link For All Your Mining ResourcesAug 27, 2021
- miningconnection.comNews | Underground Mining | Mining Connection — The Link For All Your Mining ResourcesAug 30, 2021
Summarized from public sources; check the original articles before acting on it.