# FLSmidth completes acquisition of thyssenkrupp's mining business

FLSmidth & Co. A/S completed the acquisition of the mining business from thyssenkrupp Industrial Solutions AG for an enterprise value of €280 million (reduced from €325 million after excluding Indian operations). The deal was signed on July 29, 2021, and completed by August 30, 2022.

- Type: Acquisition
- Announced: 2022-08-30
- Value: $280.0M (280.0M EUR)
- Status: completed
- Products: mining equipment and technologies
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [thyssenkrupp Industrial Solutions](https://endata.com/companies/2305.md) (target)
- [FLSmidth & Co. A/S](https://endata.com/companies/22412.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/FLSMIDTH-CO-A-S-1412901/news/FLSmidth-Co-A-S-completed-the-acquisition-of-mining-business-from-thyssenkrupp-Industrial-Solutio-41679447/), 2022-08-30: "FLSmidth & Co. A/S completed the acquisition of mining business from thyssenkrupp Industrial Solutions AG."

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