FLSmidth has acquired IMP Automation to complete its portfolio of automated laboratory solutions for the mining industry.
Manfred Schaffer, president mining, FLSmidth, says: “We see a strong match between some of our digital initiatives in FLSmidth and IMP’s automation solutions that will help miners get better data on their ore and assist in optimising the processing. With this acquisition, our flowsheet of laboratory solutions within mining and minerals processing is complete, and this will be of great value to our customers.”
The scope of the deal includes +130 IMP employees, including the managing director, Boyne Hohenstein.
Hohenstein says: “In FLSmidth we have found a partner with the right global sales network to take us to the next level. For years, we have combined profound laboratory process knowledge with automation skills and developed novel and innovative solutions.”
The acquisition is subject to customary closing conditions and closing is expected in the second quarter of 2019. The parties have agreed not to disclose the terms of the transaction.
IMP – a specialist in automated laboratory solutions for the mining industry – has a presence in the US, Canada, Brazil, Australia, South Africa, Chile and Mongolia.