Add-on Acquisition • Machinery

FLSmidth & Co. A/S Acquires MAAG Gear

On January 1, 2000, FLSmidth & Co. A/S acquired machinery company MAAG Gear

Acquisition Context
  • This is FLSmidth & Co. A/S’s 2nd transaction in the Machinery sector.
  • This is FLSmidth & Co. A/S’s 1st transaction in Switzerland.
Investment Fate
  • MAAG Gear was divested to a consortium of buyers in 2024.

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M&A Deal Summary

Date January 1, 2000
Target MAAG Gear
Sector Machinery
Buyer(s) FLSmidth & Co. A/S
Deal Type Add-on Acquisition

Target Company

MAAG Gear

Winterthur, Switzerland
MAAG Gear is a supplier of gear units, drive systems, and components to cement and minerals industries. MAAG Gear was founded in 1913 and is based in Winterthur, Switzerland.
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Buyer Overview 1

Buyer

FLSmidth & Co. A/S

Copenhagen, Denmark

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 Context for Buyer #
Overall 2 of 22
Sector: Machinery 2 of 17
Type: Add-on Acquisition 2 of 17
Country: Switzerland 1 of 1
Year: 2000 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-01 Möller

Pinneberg, Germany

Möller is a specialist in the design, supply, installation, and service of pneumatic conveying systems. The company caters to the power and aluminum industries. Möller was founded in 1934 and is based in Pinneberg, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-09 FLS Aerospace

Denmark

FLS Aerospace is an independent aircraft maintenance provider with 125,000 square metres of hangar and workshop facilities in five countries.

Sell kr.350M