FLSmidth has signed an agreement to acquire the two Australian service companies MIE Enterprises Pty Ltd. and Mayer Bulk Pty Ltd. The parties have agreed not to disclose the value of the transactions.
The two acquisitions will complement FLSmidth’s regional Customer Services set-up with a highly-skilled workforce and full-service capabilities. The key markets of the two companies are currently the Australian and South East Asian mining industries.
MIE Enterprises and Mayer Bulk provide construction, commissioning, maintenance and repair services. MIE Enterprises serves the market for specialized mechanical services of high technical complexity, while Mayer Bulk expertise is centered on the design of mobile machines, cranes and material handling structures.
“Combined with our current set-up and recent acquisition of Australian Ludowici these acquisitions further accelerate the development of FLSmidth’s regional Customer Services capabilities, offering a unique combination of service foot print and skills—which makes FLSmidth one of the strongest service providers in Australia, while at the same time providing opportunities through FLSmidth’s global footprint, to expand the acquired new expertise to other markets where the FLSmidth Group is active,” said Group CEO Jørgen Huno Rasmussen.
MIE Enterprises was established in 2003. In 2011, the company acquired a majority share in Mayer Bulk to complete the range of services offered to its customers. The two companies together employ approximately 200 full time employees in service and construction, including 20 engineering staff, and are headquartered in Henderson and Sydney, respectively, in Australia.