Following the approval of the competition authorities, IMP Automation Group has officially become part of FLSmidth. With the acquisition, which was first announced in February, FLSmidth completes its portfolio of automated laboratory solutions for the mining industry. The IMP business was consolidated into FLSmidth on 1 June and it was expected that most of the purchase amount would be paid out in 2Q19.
IMP is the established global leader in automated laboratory solutions for the mining industry, and its core competencies are expected to complement the products that FLSmidth offers for quality control and optimisation of the mining process.
The integration of IMP will enable FLSmidth to support the expanding market for automated laboratories, which has experienced recent growth due to a combination of high exploration activity and increased focus on productivity, automation, and digitalisation.
The combined IMP-FLSmidth offering of automated laboratory solutions is now available. As well as gaining IMP’s capabilities, FLSmidth will also benefit from the expertise of over 130 IMP employees. This includes the company’s managing director, Boyne Hohenstein.
“With the closing of the deal, we can now start the next phase in our production evolution,” said Tina Knudsen, General Manager of Sampling, Preparation, and Analysis – Mining. “The benefits of the joint portfolio are immediately available to our customers, and our pipeline is strong. We are confident that our product offering, covering manual and automated sampling and laboratory solutions, can open new doors with our mining customers worldwide.
“Together we are well positioned to create cutting-edge solutions for mining applications. IMP has created a strong business based on its innovative approach, and we are traditionally strong on standardisation. We also see great potential from the joining of our new colleagues to further enhance the development of our digital solutions for mining. For instance, data collected from online analysers and the laboratory can be used to optimise the entire flow sheet for mining operations. Using this data to augment our process optimisation initiatives is an exciting prospect.”
Read the article online at: https://www.worldcement.com/europe-cis/05062019/imp-automation-group-officially-joins-flsmidth/