Cement News tagged under: Disposal

RSS feed

FLSmidth sells bulk material handling business

10 January 2019, Published under Cement News

FLSmidth has reached an agreement to sell its bulk material handling business to Rainbow Heavy Machineries. The transaction has been structured as a sale of certain assets. As a result of the transaction, FLSmidth will exit the non-mining bulk material handling business.                                          The main part of FLSmidth's non-mining related bulk material handling business is delivered out of Wadgassen GmbH in Germany. The non-mining bulk handling business has been for sale ...

CRH: June '12

06 July 2012, Published under Cement News

CRH completed its disposal of its 49 per cent stake in Secil in mid-May and has received EUR564.5m in cash. Given the difficult economic environment in Portugal, where the vast majority of Secil's assets are located, the short-term impact of this forced sale under the arbitration agreement should be seen as positive.