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Here you can read company announcements and press releases from FLSmidth.

FLSmidth Company Announcements

F.L.Smidth Materials Handling

03.03.2004
As part of the efforts to focus and integrate F.L.Smidth Group's core activities is has been decided to change the status of the subsidiary F.L.Smidth Materials Handling A/S to an independent division of F.L.Smidth A/S. Administratively, the change will take effect immediately. The official legal merger of the two companies will be implemented with retrospective effect as at 1 January 2004.

The decision is motivated by a wish to further strengthen the development, the production and sales of bulk handling products and services and solutions to the cement and minerals industry.

As F.L.Smidth Materials Handling's products account for a significant part of any cement and mineral extraction plant, synergies are optimised through maximal integration of the company's competencies in F.L.Smidth A/S' global organisation.

F.L.Smidth Materials Handling's focused activities and concentrated product range will be continued unchanged under the existing name by the current management from the present localities.

F.L.Smidth Materials Handling employs 230 employees and has a turnover in the range of DKK 530m.

FLS Industries A/S
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