M&A Deal Summary

FLSmidth A/S Acquires Mill-Ore Industries

On February 13, 2020, FLSmidth A/S acquired machinery company Mill-Ore Industries

Acquisition Highlights
  • This is FLSmidth A/S’s 17th transaction in the Machinery sector.
  • This is FLSmidth A/S’s 4th transaction in Canada.
  • This is FLSmidth A/S’s 1st transaction in Ontario.

M&A Deal Summary
Date 2020-02-13
Target Mill-Ore Industries
Sector Machinery
Buyer(s) FLSmidth A/S
Deal Type Add-on Acquisition

Target

Mill-Ore Industries

Timmins, Ontario, Canada
Mill-Ore Industries, Inc. is an engineering-based manufacturing company for the mineral processing industry providing a complete range of ore dressing, engineering service, and support. Mill-Ore Industries was founded in 1991 and is based in Timmins, Ontario.

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Buyer(S) 1

Buyer

FLSmidth 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 STATS #
Overall 22 of 22
Sector (Machinery) 17 of 17
Type (Add-on Acquisition) 17 of 17
State (Ontario) 1 of 1
Country (Canada) 4 of 4
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 Sandvik - Mining Systems Operations

Stockholm, Sweden

Sandvik - Mining Systems Operations is a supplier of design and engineering of material handling systems for the mining industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 FLSmidth - Fabric Filter Business

Copenhagen, Denmark

FLSmidth & Co.'s Fabric Filter Business is a supplier of fabric filters. FLSmidth’s AFT (Advanced Filtration Technology) becomes a supplier of bags and cages to Simatek for the cement industry. FLSmidth & Co.'s Fabric Filter Business is based in Copenhagen, Denmark.

Sell -
Mergr

Product

Company

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