Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
LKAB Minerals signs agreement to acquire Francis Flower
October 15, 2018

Swedish LKAB Minerals will, subject to merger clearance, complete a cash deal transaction, acquiring full ownership of Francis Flower, an English industrial minerals company. Francis Flower has annual sales of approximately 1.3 million tons of mineral products at a value of close to EUR 78m, foremost in the UK, and employs 130 people across four sites in England. In 2017, LKAB had sales of EUR 2.2bn of which LKAB Minerals reported sales of EUR 251m. The transaction value is not disclosed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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