# 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.

- Type: Acquisition
- Announced: 2025-06-20
- Where: Denmark
- Value: $82.0M (75.0M EUR)
- Status: announced
- Products: cement technology and services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [FLSmidth](https://endata.com/companies/4673.md)
- [Pacific Avenue Capital Partners](https://endata.com/companies/31452.md) (acquirer)

## Sources

- [fls.com](https://fls.com/en/announcements/2025/flsmidth-signs-agreement-to-divest-its-cement-business-to-become-a-pure-play-supplier-of-technology-and-services-to-the-mining-industry), 2025-06-20: "FLSmidth announces that it has entered into an agreement to divest its Cement business to an affiliate of Pacific Avenue Capital Partners"

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