M&A Deal Summary

FLSmidth A/S Acquires Summit Valley Equipment & Engineering

On December 17, 2009, FLSmidth A/S acquired machinery company Summit Valley Equipment & Engineering

Acquisition Highlights
  • This is FLSmidth A/S’s 9th transaction in the Machinery sector.
  • This is FLSmidth A/S’s 5th transaction in the United States.
  • This is FLSmidth A/S’s 3rd transaction in Utah.

M&A Deal Summary

Date 2009-12-17
Target Summit Valley Equipment & Engineering
Sector Machinery
Buyer(s) FLSmidth A/S
Deal Type Add-on Acquisition

Target

Summit Valley Equipment & Engineering

West Bountiful, Utah, United States
Summit Valley Equipment & Engineering, LLC designs and fabricates modular plants and equipment used for the extraction of gold and silver. This includes the industry’s highest capacity electrowinning cell used in precious metals recovery.

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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 11 of 22
Sector (Machinery) 9 of 17
Type (Add-on Acquisition) 7 of 17
State (Utah) 3 of 3
Country (United States) 5 of 7
Year (2009) 3 of 3
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-06 Essa Australia

Belmont, Australia

Essa Australia Ltd. is a specialist in the design, manufacture, support and service of sampling and sample preparation equipment for the international minerals and mining industry.

Buy kr.170M