FLSmidth & Co. A/S
FLSmidth acquires Summit Valley Equipment & Engineering
FLSmidth & Co. A/S / 17.12.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- FLSmidth has acquired the assets of Summit Valley Equipment & Engineering, located in Salt Lake City in Utah, USA effective 15 December 2009. Summit Valley Equipment & Engineering (SVEE) 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. The technology and know how acquired significantly strengthens FLSmidth offerings in precious metals processing. SVEE has an established global presence having already supplied specialty equipment and services to twenty-four countries on six continents over the last eighteen years. 'With the acquisition of SVEE FLSmidth adds unique refining expertise to our existing minerals business thereby increasing our offerings to the minerals processing industries and providing a more complete flow sheet in gold and silver extraction,' Group CEO Jørgen Huno Rasmussen comments. Summit Valley Equipment & Engineering has an annual turnover of approx. USD 25m. ------------------------------------- Please address any questions regarding this announcement to Group Chief Executive Officer Jørgen Huno Rasmussen, FLSmidth & Co. A/S at +45 36 18 18 00. For further information about FLSmidth, please visit www.flsmidth.com. Yours faithfully Pernille Friis Andersen Corporate Communications & Investor Relations News Source: NASDAQ OMX 17.12.2009 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: FLSmidth & Co. A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010234467 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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