# Koch Solutions to acquire FLSmidth's global bulk handling business

German Koch Solutions GmbH, a subsidiary of Jiangsu Rainbow Heavy Industries, signed a non-binding letter of intent to acquire FLSmidth A/S's global bulk material handling systems business and its global after-sales service system. The transaction is expected to be signed in Q2 2023.

- Type: Acquisition
- Announced: 2023-03-25
- Status: announced
- Products: bulk material handling systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Jiangsu Rainbow Heavy Industries](https://endata.com/companies/22581.md)
- [FLSmidth](https://endata.com/companies/4673.md) (target)
- [Koch Solutions](https://endata.com/companies/40564.md) (acquirer)

## Sources

- [paper.cnstock.com](https://paper.cnstock.com/html/2023-03/25/content_1739344.htm), 2023-03-25: "德国Koch公司拟收购FLSmidth集团全球散料装卸搬运系统业务及该业务的全球售后服务体系。"

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