Air Pollution Control (APC) business
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FLSmidth closes the sale of its Air Pollution Control (APC) business to Rubicon Partners
Globenewswire· 2026-01-02 08:58
Core Viewpoint - FLSmidth has successfully completed the sale of its Air Pollution Control (APC) business to Rubicon Partners, with a small net gain expected from the divestment, which will be recorded under discontinued operations in Q4 2025 [1]. Group 1: Transaction Details - The sale was officially closed on 30 December 2025, following the announcement made on 30 June 2025 [1]. - The financial guidance for the full year 2025 remains unchanged despite the closing of the transaction [2]. Group 2: Company Overview - FLSmidth is a comprehensive technology and service provider for the global mining industry, focusing on enhancing performance, reducing operating costs, and minimizing environmental impact [3]. - The company has set a sustainability goal, MissionZero, aiming for zero emissions in mining by 2030, and is committed to becoming carbon neutral in its operations by the same year [3].
FLSmidth sells its Air Pollution Control business to Rubicon Partners
Globenewswire· 2025-06-30 09:30
Core Viewpoint - FLSmidth has agreed to divest its Air Pollution Control (APC) business to Rubicon Partners, concluding a series of divestments that began in 2020 [1][2]. Group 1: Transaction Details - The divestment includes all related assets such as intellectual property, technology, employees, and order backlog [1]. - The transaction is expected to close in the second half of 2025 [1]. - FLSmidth anticipates a small net gain from the divestment, which will be recognized under discontinued operations [2]. Group 2: Financial Guidance - The transaction does not alter FLSmidth's previously communicated financial guidance for the full year 2025 [2]. Group 3: Company Background - FLSmidth is a technology and service supplier to the global mining industry, focusing on improving performance, lowering operating costs, and reducing environmental impact [3]. - The company aims for zero emissions in mining by 2030 as part of its sustainability ambition, MissionZero [3]. Group 4: Rubicon Partners Overview - Rubicon Partners is a UK-based investment partnership that specializes in acquiring complex industrial businesses [4]. - Over 32 years, Rubicon has invested in 83 businesses, with values ranging from £15 million to £250 million [4]. - The firm focuses on long-term value creation by collaborating closely with company management [4].