- Business
- FLSmidth & Co. A/S, a Denmark-based multinational technology company founded in 1882 and headquartered in Copenhagen, provides flowsheet technology, equipment, services, and complete solutions to the global mining and cement industries; its mining offerings encompass crushing, grinding and milling equipment including HPGR Pro, Knelson concentrators, ERC crushers, and KREBS pumps, alongside mineral processing technologies for copper, gold, nickel, zinc, lithium, and iron ore, sampling, preparation, analysis systems, filtration, OEM spare parts, upgrades, rebuilds, and lifecycle services such as maintenance, remote monitoring, and mineral laboratory testing; cement products and services feature complete plants, kilns, preheaters, mills including vertical roller mills, clinker coolers, burners, cyclones, electrostatic precipitators, conveyors, crushers, palletizers, bag filling units, and related engineering solutions from brands such as Fuller, Pfister, and Ventomatic.
The company operates through Mining, Cement, and Non-Core segments, with approximately 11,000 employees across more than 60 countries spanning the Americas, Europe, Asia Pacific, Africa, and the Middle East; Mining generates the majority of revenue, with key markets in South America, while services emphasize productivity optimization, decarbonization technologies, and digital solutions.
In recent strategic developments, FLSmidth acquired Farnell-Thompson Applied Technologies Inc., a Canadian provider of mill engineering, parts, and services, in March 2024 to bolster its milling and grinding capabilities under the Mining CORE'26 strategy; the company signed an agreement in June 2025 to divest its Cement business to an affiliate of Pacific Avenue Capital Partners, securing all regulatory approvals by October 2025 with closure anticipated in Q4 2025 to refocus as a pure-play mining supplier; ongoing initiatives include a DKK 1.4 billion share buy-back program launched in June 2025, 10% organic service order growth in Q3 2025, and product innovations such as next-generation HPGR Pro, Knelson GX concentrator, and ERC crushers for enhanced throughput and energy efficiency.