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News  ›  GlobeNewswire Inc.

FLSmidth closes the sale of the Cement business to Pacific Avenue Capital Partners

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Flsmidth & Co. A/S
FLSmidth closes the sale of the Cement business to Pacific Avenue Capital Partners

FLSmidth has completed the sale of its Cement business to an affiliate of Pacific Avenue Capital Partners, with no changes to its previously announced financial guidance for 2025.

Insights
FLIDY   neutral

The company is strategically divesting its Cement business without impacting its financial guidance, suggesting a calculated business decision