Latest news with #MissionZero
Business Upturn
3 days ago
- Business
- Business Upturn
FLSmidth sells its Air Pollution Control business to Rubicon Partners
By GlobeNewswire Published on June 30, 2025, 14:30 IST PRESS RELEASE 30 June 2025 Copenhagen, Denmark Today, FLSmidth announces that it has entered into an agreement to divest its Air Pollution Control (APC) business to Rubicon Partners, a UK-based investment partnership focused on the acquisition of complex industrial businesses. The transaction is expected to close during the second half of 2025 and includes all related assets, including intellectual property, technology, employees and order backlog. The divestment of the APC business follows the recent announcement of the divestment of the Cement business (ref. Company Announcement no. 10-2025). In connection with this, it was announced that FLSmidth retained the APC business as it was running its own separate divestment process. Since 2020, FLSmidth has gradually divested businesses related to air pollution control, and today's announcement concludes this entire process. Upon closing of the transaction, FLSmidth expects to realise a small net gain from the divestment of the APC business, which will be recognised under discontinued operations. The transaction does not change FLSmidth's previously communicated financial guidance for the full year 2025 (ref. Company Announcement no. 10-2025). Contacts: Media Jannick Denholt, +45 21 69 66 57, [email protected] Investors Relations Andreas Holkjær, +45 24 85 03 84, [email protected] Jannick Denholt, +45 21 69 66 57, [email protected] About FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining industry. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining industry and aim to become carbon neutral in our own operations by 2030. About Rubicon Partners Rubicon Partners is a hands-on investment partnership focused on the acquisition of complex industrial businesses in the UK and Europe. Over the past 32 years, Rubicon has invested in 83 businesses across the manufacturing, distribution and service sectors, ranging in value from £15m to £250m. Rubicon focuses on opportunities for long-term value creation through working closely with company management in addressing strategic opportunities and operational performance. The firm has extensive experience in acquiring from private family ownership, retiring owner managers, and corporate carve outs. Attachment FLSmidth APC Press Release Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
17-06-2025
- Business
- Yahoo
FLSmidth signs agreement to sell its corporate headquarters for a total net cash gain of DKK 730 million
COMPANY ANNOUNCEMENT NO. 9-2025 FLSmidth & Co. A/S17 June 2025 Copenhagen, DenmarkToday, FLSmidth has entered into a share purchase agreement with Nrep and AG Gruppen (collectively 'the buying party') to dispose all shares in FLSmidth's subsidiary 'Matr. No 2055 A/S' owning land and buildings located on Vigerslev Allé 77 in Valby, Denmark. This announcement marks a major milestone in FLSmidth's long history at Vigerslev Allé in Valby, Copenhagen, where the company has been based since 1899. Its iconic red-brick buildings, designed by architect Palle Suenson, was inaugurated in 1956 and today serve as the corporate headquarters. In 2022, FLSmidth announced plans to relocate to a new corporate headquarter at Havneholmen in Copenhagen, with the move currently scheduled for late 2025. The expected net cash proceeds from the sale amount to approximately DKK 730 million to be paid in full to FLSmidth upon closing of the transaction, expectedly at the end of the first quarter of 2026 following FLSmidth relocating to its new corporate headquarters. The expected accounting gain amounts to approximately DKK 690 million. Closing of the transaction is subject to approval by the Danish Consumer and Competition Authority. The expected net cash proceeds from the sale will be allocated in line with the company's general capital allocation priorities as well as to general corporate purposes. The transaction does not change FLSmidth's previously communicated financial guidance for the full year 2025 (ref. Company Announcement no. 8-2025).Contacts: Investors RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ MediaJannick Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Company Announcement no. 9-2025
BBC News
03-06-2025
- Business
- BBC News
People Fixing the World Shipping containers fixing the world
Shipping containers are a staple of global trade, helping in the transport of all sorts of goods by sea across the world. But their relatively cheap cost and sturdy structure lends them to many other purposes. In this episode we look at a start-up business in the UK that uses shipping containers to store carbon captured from the air in the production of building materials. And we visit a school for poorer children created out of shipping containers that sits in the middle of a busy intersection in Mumbai, India. People Fixing The World from the BBC is about brilliant solutions to the world's problems. We'd love you to let us know what you think and to hear about your own solutions. You can contact us on WhatsApp by messaging +44 8000 321721 or email peoplefixingtheworld@ And please leave us a review on your chosen podcast provider. Presenter: Myra Anubi Producer: William Kremer India reporter: Chhavi Sachdev Editor: Jon Bithrey Sound mix: Hal Haines (Image: Myra with Nicholas Chadwick from Mission Zero outside a shipping container in Norfolk, BBC)
Yahoo
15-05-2025
- Business
- Yahoo
Toni Laaksonen confirmed to join FLSmidth on 1 June 2025 as President, Mining Service Business Lines
PRESS RELEASE FLSmidth & Co. A/S15 May 2025, Copenhagen, DenmarkAs announced on 18 February 2025, FLSmidth has appointed Julian Soles as President, Mining Products Business Line, and Toni Laaksonen as President, Mining Service Business Line. While Julian Soles officially started with FLS on 1 May 2025, Toni's start date was yet to be announced. It has now been confirmed, and Toni will start on 1 June 2025. Contacts: MediaJannick Denholt, +45 21 69 66 57, jli@ Investor RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLS Press Release BL leaders start dates - May 2025Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Toni Laaksonen confirmed to join FLSmidth on 1 June 2025 as President, Mining Service Business Lines
PRESS RELEASE FLSmidth & Co. A/S15 May 2025, Copenhagen, DenmarkAs announced on 18 February 2025, FLSmidth has appointed Julian Soles as President, Mining Products Business Line, and Toni Laaksonen as President, Mining Service Business Line. While Julian Soles officially started with FLS on 1 May 2025, Toni's start date was yet to be announced. It has now been confirmed, and Toni will start on 1 June 2025. Contacts: MediaJannick Denholt, +45 21 69 66 57, jli@ Investor RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLS Press Release BL leaders start dates - May 2025
