FLSmidth to acquire Phillips Kiln Services Ltd.
(Thomson Reuters ONE) -
PRESS RELEASE
FLSmidth has today signed a share purchase agreement to acquire 100%
shareholding in Phillips Kiln Services Ltd., a US-based supplier of kiln
services for the cement and minerals industries.
Phillips Kiln Services is a well-established international services provider
that specialises in the maintenance, reconditioning and repair of kilns and
related equipment. Capable of working on all makes and models of rotary kilns,
dryers, and associated equipment, the company offers an excellent mix of
services and competencies to the cement and minerals industries.
The share purchase agreement and the subsequent acquisition of Phillips Kiln
Services is a natural extension of FLSmidth's Customer Services business and
fits perfectly the service offerings to cement and minerals customers worldwide.
With a significant geographical footprint, Phillips Kiln Services offers a
unique network of local specialists, who can service FLSmidth's global customers
locally.
"We continuously seek to strengthen the services we provide to our customers.
The acquisition of Phillips Kiln Services complements and supports our service
activities in both the cement and minerals industries and will contribute to
further expand FLSmidth's successful Customer Services business," Group CEO
Jørgen Huno Rasmussen, says.
Founded in 1969, Phillips Kiln Services has a strong track record. The company
is located in South Sioux City, Nebraska, USA and has around 190 employees
including joint venture staff who all work on a global scale.
-------------------------------------
Please address any questions regarding this announcement to Group Executive
Officer Jørgen Huno Rasmussen, 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/1539233/470356.pdf
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originality of the information contained therein.
Source: FLSmidth via Thomson Reuters ONE
[HUG#1539233]
Unternehmensinformation / Kurzprofil:
Datum: 18.08.2011 - 09:01 Uhr
Sprache: Deutsch
News-ID 57361
Anzahl Zeichen: 2809
contact information:
Town:
Valby
Kategorie:
Business News
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