FLSmidth to divest Cement business to Pacific Avenue Capital Partners

FLSmidth entered an agreement to divest its Cement business to an affiliate of Pacific Avenue Capital Partners for an initial consideration of EUR 75 million plus up to EUR 75 million deferred consideration.

“FLSmidth announces that it has entered into an agreement to divest its Cement business to an affiliate of Pacific Avenue Capital Partners”fls.com

• 1 source
• fls.comFLSmidth signs agreement to divest its Cement business to become a pure-play supplier of technology and services to the mining industryJun 20, 2025

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