The company said the acquisition will create a leading global mining technology and service provider, with operations from pit to plant with a strong focus on productivity and sustainability. “We are very excited to soon welcome our roughly 2,000 new colleagues and TK Mining’s customers to FLSmidth,” Mikko Keto said.

“The completion of the acquisition contributes to FLSmidth’s strategic growth ambitions within mining,” he said. “Our combined company will offer customers a stronger, complementary value proposition, while creating significant aftermarket opportunities, driving value creation through compelling synergies and further strengthening our sustainability and digitalization agenda.” Inc.