FLSmidth acquires Sandvik Mining Sytems

FLSmidth has announced that its acquisition of Sandvik Mining Systems has been finalised. The deal will see the integration of continuous surface mining and minerals handling technologies into the company's core minerals sector, thereby allowing it to cover a wider range of the mining value chain.  

"With the completion of the South African assets we have added references, local expertise and improved ability to deliver complete solutions to our Sub-Saharan customers. We welcome our new colleagues and customers to FLSmidth," said Manfred Schaffer, group executive vice president, Minerals Division.

As part of the transfer, FLSmidth will either assume existing orders or provide project management services on behalf of Sandvik on selected ongoing projects and supply parts and services for the installed equipment.