With reference to the announcement made on October 21, 2025, FLSmidth has announced that it has now closed the sale of the Cement business to an affiliate of the global private equity firm, Pacific Avenue Capital Partners.
In an online post, FLS stated: “We have now officially closed the sale of the Cement business and we can now once-and-for-all call FLS a pure-play supplier of technologies and services to the global mining industry. We wish our now officially former Cement colleagues all the best for the future! Thanks for the 143 years together.”
The October announcement quoted the CEO of FLSmidth, Mikko Keto: “For 143 years, the Cement business has been part of FLSmidth, and it has laid the foundation for the company that we are today. It has helped shape our organisation, our capabilities and our reputation around the world. I wish all our former Cement colleagues and Pacific Avenue Capital Partners all the best for the future. The completion of the transaction will mark an important milestone and the beginning of the next chapter for FLSmidth as a pure-play supplier of technology and services to the global mining industry. We look forward to continuing to build on our strong heritage as we focus fully on creating value for our mining customers.”
The former FLSmidth Cement offerings and expertise span the cement value chain from entry to exit of the production plant. Specifically, the company offers its customers a wide array of production equipment and software focused on traditional and green cement solutions including crushers, mills, kilns, feeders, loading systems, pneumatic conveyors, and automation controls. In addition, it offers a robust portfolio of aftermarket parts and services to support its long-standing customers throughout the entire equipment.
The FLS offering is now firmly mining focused and while it has the full flowsheet offer, it is particularly strong in some key areas – comminution including latest generation SAG and AG mills, HPGRs and large gyratories; dewatering with filters and thickeners; flotation including conventional plus fine and coarse recovery; and other areas such as specific equipment for precious metals recovery, slurry pumps, screens and hydrocyclones.
FLS has seen particularly strong growth in South America and Central Asia in recent years, helped by a focus on improving and expanding its service centre network in major mining hubs.
