FLSmidth announces that all regulatory approvals for the sale of the Cement business to Pacific Avenue Capital Partners have been met

Core Viewpoint - FLSmidth has successfully met all regulatory approvals for the divestment of its Cement business to Pacific Avenue Capital Partners, with the transaction expected to close in Q4 2025 [1][2]. Company Announcement - The Cement business has been a part of FLSmidth for 143 years, significantly contributing to the company's foundation, capabilities, and global reputation [2]. - The completion of the transaction is seen as a pivotal milestone, allowing FLSmidth to focus exclusively on being a technology and service supplier to the global mining industry [2]. - FLSmidth's previously announced financial guidance for the full year 2025 remains unchanged despite the divestment [3]. Company Profile - FLSmidth is a full flowsheet technology and service supplier to the global mining industry, aiming to enhance performance, reduce operating costs, and minimize environmental impact [4]. - The company has set a sustainability ambition, MissionZero, targeting zero emissions in mining by 2030 and aims to achieve carbon neutrality in its operations by the same year [4].