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FLSmidth divests non-core Ludowici activities


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-14 09:00:21 -

PRESS RELEASE

In order to maintain a strong focus on our six focus industries and business
areas FLSmidth has today divested non-core activities, gained through the recent
acquisition of the Australian company Ludowici (see Company Announcement No.
29-2012).

The sales concern the business area Industrial and Infrastructure, consisting of
the following four business units; Water, Seals, Industrial Rubber and
Engineered Rubber.

"This divestment of non-core activities is part of the ongoing integration of
Ludowici, and after this, no further Ludowici activities will be sold off. For
FLSmidth, 2012 has been a year of transformation and expansion. In 2013, the
main focus will be on execution and consolidation," Group CEO Jørgen Huno
Rasmussen comments.

The respective business unit sales will be effective 31 January 2013.

                  -------------------------------------


Please address any questions regarding this announcement to Group 
Executive Vice President Peter Flanagan, FLSmidth & Co. A/S at +45 36 18 18 00. For further information about FLSmidth, please visit www.flsmidth.com. Yours faithfully Pernille Friis Andersen Corporate Communications & Investor Relations Link to PDF version: hugin.info/2106/R/1670096/542675.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: FLSmidth via Thomson Reuters ONE [HUG#1670096]


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