FLSmidth to acquire Phillips Kiln Services Ltd
- Publishing Date
- 01 Sep 2011 1:58pm GMT
- Author
- Mining Magazine
Processing
FLSmidth signed a share purchase agreement on August 18 to acquire 100% shareholding in Phillips Kiln Services, a US-based supplier of kiln services for the cement and minerals industries.
Phillips Kiln Services specialises in the maintenance, reconditioning and repair of kilns and related equipment. The company is capable of working on all makes and models of rotary kilns, dryers and associated equipment, and offers a mix of services and competencies to the cement and minerals industries.
The share purchase agreement and subsequent acquisition is an extension of FLSmidth’s customer services business and fits with its service offerings to cement and minerals customers worldwide. Phillips Kiln Services offers a network of local specialists who can service FLSmidth’s global customers locally.
Jørgen Huno Rasmussen, Group CEO, said: "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."
Phillips Kiln Services specialises in the maintenance, reconditioning and repair of kilns and related equipment. The company is capable of working on all makes and models of rotary kilns, dryers and associated equipment, and offers a mix of services and competencies to the cement and minerals industries.
The share purchase agreement and subsequent acquisition is an extension of FLSmidth’s customer services business and fits with its service offerings to cement and minerals customers worldwide. Phillips Kiln Services offers a network of local specialists who can service FLSmidth’s global customers locally.
Jørgen Huno Rasmussen, Group CEO, said: "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."
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