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News FLSmidth acquires Tipco to enhance mining technology

FLSmidth acquires Tipco to enhance mining technology

Written by Global Cement staff 19 September 2024
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Germany: FLSmidth has signed an agreement to acquire Tipco Tudeshki Industrial Process Control (Tipco), an Aachen-based technology firm. Tipco develops sensor technology for measuring particle size distribution of different mass flows, which will be integrated into FLSmidth's hydrocyclones portfolio. The terms of the transaction were not disclosed, and the acquisition does not affect FLSmidth's financial guidance for 2024.

PCV business line president at FLSmidth, Pat Turner, said “This acquisition marks an important addition to our PCV offerings and highlights our strategic focus on digital solutions across the Mining flowsheet. The optimisation of the grinding circuit plays a crucial part in maximising productivity and operational efficiency of the overall processing plant, and the addition of Tipco’s groundbreaking sensor technology will further strengthen our offerings within this area.”

Last modified on 25 September 2024
Published in Global Cement News
Tagged under
  • Germany
  • FLSmidth
  • Acquisition
  • Mining
  • sensor
  • GCW678
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