FLSmidth buys U.S.-based equipment maker

Copenhagen — FLSmidth has signed an agreement to acquire privately-owned Decanter Machine Inc., a Johnson City, Tenn.-based manufacturer and supplier of centrifugal technology to the global minerals industries. The transaction is subject to rezoning of a portion of real estate, which is expected to occur in September. The parties have agreed not to disclose the value of the transaction. The company is primarily active within the coal industry and in the processing of fertilizer mineral potash. FLSmidth says the acquisition complements the coarse particle centrifuge technology recently acquired with the Australian company Ludowici. With these two acquisitions, FLSmidth says it will have the complete range of centrifuge technology used for coal preparation, as well as in other FLSmidth priority industries such as fertilizer. Decanter’s extensive experience and strong knowhow in the area of repair services, rotor unit rebuilding, field service, and preventative maintenance will also enable FLSmidth to further strengthen this service offering within its minerals customer base. Decanter, founded in 1983, has offices in Tennessee, South Carolina, and New South Wales, Australia. It has approximately 150 employees. In 2011, the company delivered a turnover of approximately US$50 million.