FLSmidth enters negotiations with ThyssenKrupp over acquisition of its mining business
Written by Global Cement staff
15 January 2021
Germany: Denmark-based FLSmidth has entered into non-binding negotiations with ThyssenKrupp over the possible acquisition of its mining business. Mining is one of ThyssenKrupp subsidiary ThyssenKrupp Industrial Solutions’ major businesses, alongside cement. This business segment reported net sales of Euro2.9bn in its 2020 financial year, a small decline from the sales figure in 2019 despite the coronavirus pandemic.
Last modified on 20 January 2021