FLSmidth to acquire Phillips Kiln Services
First publishedon www.AggBusiness.com
FLSmidth has signed a share purchase agreement to acquire 100% shareholding in Phillips Kiln Services, a US-based supplier of kiln services for the cement and minerals industries.
“We continuously seek to strengthen the services we provide to our customers. The acquisition of Phillips Kiln Services complements and supports our service activities in both the cement and minerals industries and will contribute to further expand FLSmidth's successful customer services business,” says Jørgen Huno Rasmussen, group CEO of FLSmidth, a supplier of complete plants, equipment and services to the global cement and minerals industries.
Phillips Kiln Services, founded in 1969 and based in South Sioux City, Nebraska, USA, has around 190 employees including joint venture staff who all work on a global scale.
It specialises in the maintenance, reconditioning and repair of kilns and related equipment.