FLSmidth has reached an agreement to acquire a part of Sandvik Mining Systems, a division of Sandvik a developer and manufacturer of products in advanced stainless steels and special alloys, with locations throughout the Americas.
The pending acquisition aims to help FLSmidth to improve productivity for its customers by covering a wider range of the full mining value chain – from the primary crushing point in the mining pit and the transport from mine to plant all the way through the minerals processing plant to the tailings handling.
The agreement is subject to certain conditions, including regulatory authority clearance, and closing is expected by the end of 2017.