FLSmidth divests non-core Ludowici activities
(Thomson Reuters ONE) -
PRESS RELEASE
In order to maintain a strong focus on our six focus industries and business
areas FLSmidth has today divested non-core activities, gained through the recent
acquisition of the Australian company Ludowici (see Company Announcement No.
29-2012).
The sales concern the business area Industrial and Infrastructure, consisting of
the following four business units; Water, Seals, Industrial Rubber and
Engineered Rubber.
"This divestment of non-core activities is part of the ongoing integration of
Ludowici, and after this, no further Ludowici activities will be sold off. For
FLSmidth, 2012 has been a year of transformation and expansion. In 2013, the
main focus will be on execution and consolidation," Group CEO Jørgen Huno
Rasmussen comments.
The respective business unit sales will be effective 31 January 2013.
-------------------------------------
Please address any questions regarding this announcement to Group Executive Vice
President Peter Flanagan, FLSmidth & Co. A/S at +45 36 18 18 00.
For further information about FLSmidth, please visit www.flsmidth.com.
Yours faithfully
Pernille Friis Andersen
Corporate Communications & Investor Relations
Link to PDF version:
http://hugin.info/2106/R/1670096/542675.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: FLSmidth via Thomson Reuters ONE
[HUG#1670096]
Unternehmensinformation / Kurzprofil:
Datum: 14.01.2013 - 08:59 Uhr
Sprache: Deutsch
News-ID 219004
Anzahl Zeichen: 2020
contact information:
Town:
Valby
Kategorie:
Business News
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