Driving sustainable productivity

Founded in Denmark in 1882, FLSmidth is a leading provider of technology, products, and service solutions to the global mining and cement industries, enabling its customers to improve operational performance, drive down cost, and reduce environmental impact.


Why we believe in FLSmidth

  • Attractive macro outlook, as the strong global transition towards decarbonization will drive investments in both the Mining and the Cement industries in the coming years:
    • Green transition and electrification of our society rely on mined metals like copper, nickel, and lithium, and significant investments in additional mining capacity and in more efficient mining solutions will be necessary to meet the global demand for such metals. We believe, that FLSmidth – with its global leading position, its advanced mining solutions, and its global customer relations – will be well-positioned to provide the required technology.
    • Cement production currently accounts for 7-8% of global CO2 emissions, and a decarbonization of cement is thus important to reach the global climate targets. We believe, that FLSmidth will play an important role in the decarbonization of cement through its innovative products and processes.
  • Solid potential for operational improvement and long-term margin expansion through the ongoing transformation initiatives and the integration of TK Mining, driven by a strong and capable management team.

About FLSmidth

2023 turnover (CY)

EUR 3234M



Investment date

Jan 2023


Fund V

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