FLSmidth has signed an agreement to acquire the privately-owned company
The transaction is subject to changing the terms of property use for a piece of land, which is expected to occur in September. The parties have agreed not to disclose the value of the transaction.
Decanter is recognised as among the global leaders in the manufacture of screen bowl, solid bowl and hyperbaric centrifuges for minerals applications. The company has over 550 centrifuges installed across eleven countries.
Decanter's product and service range further includes rotor unit repairs, spare parts, field service and preventative maintenance. The company is primarily active within the coal industry and in the processing of fertiliser mineral potash.
With the acquisition of Decanter,
With these two acquisitions, FLSmidth says it will have the complete range of centrifuge technology used for coal preparation, as well as in other FLSmidth priority industries, like fertilizer.
“This is an important step in our strategic efforts to grow within our six focus industries; coal, iron ore, fertiliser minerals, copper, gold and cement. Combined, the acquisitions of the Australian company Ludowici in July and now Decanter, have strengthened our minerals offerings,” says group CEO Jørgen Huno Rasmussen.
