FLSmidth completes Cembrit divestment

By Kasia Patel
Published: Tuesday, 03 February 2015

The divestment concludes FLSmidth’s divestment of building material companies and will allow the technology firm to focus on its core assets, particularly at a time when mining capex is expected to be low for at least the next year.

FLSmidth has completed its divestment of its fibre-cement business Cembrit Holding A/S for Danish krone (DKr) 1.1bn ($167m*) to the Solix Group AB....

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