FLSmidth has successfully acquired Australian company Ludowici to offer customers worldwide state-of-the-art products, solutions and services. Joining forces, the two companies are now ready to take a united leap into the future as One Source.
The Ludowici acquisition takes FLSmidth one step further in the execution of its global growth strategy announced earlier this year. The acquisition has enabled FLSmidth to substantially strengthen its flow sheet within coal, one of six strategic focus industries within which the company strives to become the customers' preferred full service provider of sustainable cement and minerals technologies.
Ludowici's products and technologies will further enhance FLSmidth's offerings within copper and iron ore, also two key strategic focus industries for the company.
With 65% of Ludowici's turnover in Australia, the acquisition will significantly expand FLSmidth’s presence in this important mining region while also supporting their objective to expand their customer services offerings. About 60% of Ludowici's turnover comes from customer services activities including spare parts and consumables. FLSmidth will also get a highly capable pool of extremely skilled employees on board.
With more than 13,000 employees in more than 50 countries and over 130 years of experience as one of the world's leading suppliers of products, services and solutions to the global cement and minerals industries, FLSmidth brings a global organisation and distribution network to the table.
The combined financial, technological and commercial capabilities of FLSmidth Ludowici Australia
will offer customers global access to a large portfolio of products and a combination of engineering resources and technologies to solve their application needs and develop new products and services in the future.