Kromann Reumert advises on FLSmidth's acquisition of thyssenkrupp’s Mining business
FLSmidth, a global leader in the cement and mining industry with headquarters in Copenhagen, Denmark, announced on 29 July signing of an agreement to acquire thyssenkrupp's (Tk) mining business for an enterprise value of euro 325m. The business comprises operations in 24 jurisdictions and close to 3500 employees and needs to be carved-out, on a country by country basis from Tk's other operations.
Kromann Reumert acts as global lead legal counsel to FLSmidth on the transaction, a testament to our team's ability to follow our clients abroad and manage global complex transactions.
Closing is subject to customary regulatory approvals and is expected to complete in H2 2022.
Read more: FLSmidth to acquire thyssenkrupp’s Mining business – creating a global industry leader in mining technology (FLSmidth's website)
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