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FLSmidth has entered into an agreement to divest its cement business to an affiliate of Pacific Avenue Capital Partners for approximately $175 million. The transaction is expected to close in the second half of 2025.
“We are excited to acquire FLSmidth Cement, a global leader providing mission critical equipment and aftermarket solutions in the cement sector.”lvb.com
Summarized from public sources; check the original articles before acting on it.