FLSmidth signs agreement for the acquisition of KnowledgeScape
Published by Emily Thomas,
Deputy Editor
World Cement,
FLSmidth has confirmed the signing of a definitive agreement for the acquisition of KnowledgeScape, a leader in digital optimisation solutions for the mineral processing industry.
The addition of KnowledgeScape’s advanced solutions to FLSmidth’s already robust digital ENABLR™ portfolio will deliver an expanded range of benefits to customers, from increased automation to improved reliability and enhanced productivity. The KnowledgeScape™ portfolio has documented capabilities in increasing the total output of a processing plant by 4 – 10%. At the same time, their solutions reduce power, water and reagent consumption, which contribute significantly to the goals of FLSmidth’s MissionZero sustainability strategy.
“With this acquisition, FLSmidth reinforces a strong track record of M&A and integration, with special emphasis on the retention of local talent. This acquisition will further solidify FLSmidth as a leading supplier of digital optimisation to the minerals processing industry,” adds Mikko Tepponen, CDO at FLSmidth.
Dustin Collins, CEO, KnowledgeScape, states: “We are excited to join FLSmidth and become a part of its amazing team of mining solutions experts. We are looking forward to providing FLSmidth customers with ever improving optimisation technologies that save costs, time, and drive sustainability.”
Read the article online at: https://www.worldcement.com/europe-cis/05102020/flsmidth-signs-agreement-for-the-acquisition-of-knowledgescape/
You might also like
The World Cement Podcast
In this special joint episode of the World Cement Podcast, and Cementing Europe’s future, the podcast of CEMBUREAU, David Bizley and Koen Coppenholle take a deep dive into the Clean Industrial Deal and a discussion of what it means for the European cement industry.
Listen for free today at www.worldcement.com/podcasts or subscribe and review on your favourite podcast app.
CEMBUREAU elects new President and Vice-President
Jon Morrish, Area Board Member for the Region Europe, Heidelberg Materials, is elected President, and José Antonio Cabrera, President of CEMEX, Europe, Middle East and Africa, as Vice-President.
