M&A Deal Summary

FLSmidth A/S Acquires Conveyor Engineering

On February 27, 2009, FLSmidth A/S acquired machinery company Conveyor Engineering

Acquisition Highlights
  • This is FLSmidth A/S’s 7th transaction in the Machinery sector.
  • This is FLSmidth A/S’s 4th transaction in the United States.
  • This is FLSmidth A/S’s 1st transaction in Idaho.

M&A Deal Summary

Date 2009-02-27
Target Conveyor Engineering
Sector Machinery
Buyer(s) FLSmidth A/S
Deal Type Add-on Acquisition

Target

Conveyor Engineering

Meridian, Idaho, United States
Conveyor Engineering, Inc. specialises in the design and supply of major bulk material handling systems for cement, mining and heavy industrial facilities worldwide.

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Buyer(S) 1

Buyer

FLSmidth A/S

Copenhagen, Denmark

website


Category Company
Founded 1882
Sector Machinery
DESCRIPTION

FLSmidth & Co. A/S is a supplier of equipment and services to the global cement and minerals industries. FLSmidth supplies everything from single machinery to complete cement plants and minerals processing facilities including services before, during and after the construction.


DEAL STATS #
Overall 9 of 22
Sector (Machinery) 7 of 17
Type (Add-on Acquisition) 5 of 17
State (Idaho) 1 of 1
Country (United States) 4 of 7
Year (2009) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-19 CEntry Constructors & Engineers

Sandy, Utah, United States

CEntry Constructors & Engineers, Inc. is a designer of grass roots industrial plants, expansions, upgrades and specialized maintenance packages for the mining and industrial sectors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-05 EEL India

Gurgaon, India

EEL India Ltd. is a manufacturer in the field of cement material handling and bagging equipment. EEL India Limited's product range includes rotary packers for bag packing and bag loading systems, silo feeding and extraction systems, bulk loading systems as well as rotary & stationary big bag filling systems for the cement and related industries.

Buy -