FLSmidth finalized its acquisition of part of Sandvik Mining Systems with a transfer of assets in South Africa, the company said Thursday.

The company announced last July it would acquire the part of Sandvik Mining Systems “that is closest to the mine,” including continuous surface mining products and minerals handling technologies, and more than 200 employees.

Neither company has disclosed how much the acquisition was worth.


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The deal had mostly been finalized by mid-November, but Sandvik’s South African assets were delayed while FLSmidth waited for merger control clearance from the country’s government.

Manfred Schaffer, group executive vice-president of FLSmidth’s minerals division, said in a press release that the assets “added references, local expertise and improved ability to deliver complete solutions to our Sub-Saharan customers.”

FLSmidth will assume existing Sandvik’s orders and provide project management services for ongoing projects.