Mining Lab Automation Specialist Purchased

Copenhagen, Denmark 2/11/19—FLSmith has acquired IMP Automation, a provider of automated solutions for mining labs with a strong presence in Australia and South Africa. IMP Automation has more than 130 employees and annual revenues of DKK 250 million ($39.6 million at DKK 6.32 = $1). “Knowing your ore characteristics from the mine and all the way through the processing plant is of increasing importance in mining, as declining ore grades make it necessary to increase productivity by process optimization,” stated Manfred Schaffer, president of Mining at FLSmidth. “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 optimizing 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 transaction is expected to close in the second quarter.

IMP Automation provides integrated and customized automated solutions, as well as distributes a wide variety of lab instrumentation, such as materials testing equipment, microscopes and atomic spectroscopy systems, and associated aftermarket items. In addition to industrial labs, the company also serves life science labs.

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