Mill-Ore Industries Inc.

FLSmidth has acquired Mill-Ore Industries Inc.

Industry:

Wholesale Trade

FLSmidth has acquired Mill-Ore Industries Inc. MNP Corporate Finance Inc. acted as financial advisor to Mill-Ore Industries Inc. in structuring and negotiating this transaction.

Transaction Brief

FLSmidth has acquired the assets of Mill-Ore Industries Inc., including facilities and equipment. The investment is part of a long-term commitment to increase the level of service for customers in Eastern Canada. It will continue to provide the same high level of service customers have associated with Mill-Ore Industries, but will operate under the new name of FLSmidth Service Center, Eastern Canada. FLSmidth delivers sustainable productivity to the global mining and cement industries in more than 50 countries and is headquartered in Copenhagen, Denmark.

Mill-Ore Industries Inc, is an original equipment manufacturer (OEM) distribution and equipment supply company specializing in mineral processing equipment. Their niche business is combining new, used and reconditioned equipment into product packages.