Announced
Completed
Synopsis
Solix, a Swedish investment company, completed the acquisition of the MAAG gears and drives business of FLSmidth, a Danish multinational technology company. Financial terms were not disclosed. "The divestment is fully aligned with our ongoing transformation efforts and supports our GREEN’26 strategy. I would like to extent my gratitude to the dedicated employees in the MAAG business for their unwavering commitment to supplying high-quality solutions and services. I wish all the MAAG employees and Solix the very best going forward," Christopher Ashworth, FLSmidth Cement President.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.