All regulatory clearances have been obtained without imposition of any competition related remedies.
TK Mining is a leading full-line supplier of solutions for mining systems, material handling, mineral processing and services. The combination of FLSmidth and TK Mining will create a leading global mining technology and service provider with operations from pit-to-plant with a strong focus on productivity and sustainability.
FLSmidth Group CEO, Mikko Keto, commented: “Today’s announcement marks a significant milestone in the history of FLSmidth. We are very excited to soon welcome our ~2000 new colleagues and TK Mining’s customers to FLSmidth. The completion of the acquisition contributes to FLSmidth’s strategic growth ambitions within mining. Our combined company will offer customers a stronger, complementary value proposition, while creating significant aftermarket opportunities, driving value creation through compelling synergies and further strengthening our sustainability and digitalisation agenda.”
