Simatek acquires global Fabric Filter business from FLSmidth

Soroe, Denmark, 23^rd December 2020 – Simatek A/S, a leading manufacturer of industrial air filtration solutions, has today acquired FLSmidth’s global Fabric Filter business

Simatek has bought all intellectual property (IP) rights to FLSmidth’s Fabric Filter business and the entities in Denmark and India, to market and supply bag filters globally. As part of the transaction, Simatek also becomes FLSmidth’s global supplier of fabric filters. FLSmidth’s AFT® (Advanced Filtration Technology) becomes a supplier of bags and cages to Simatek for the cement industry.

This acquisition is an important step for Simatek towards becoming a leading supplier of air filtration technology. Simatek strengthens its product range and bag filter technology, and expands into the inorganic minerals industry. The acquisition strengthens the organisation, and customers will benefit from the synergies between the combined product portfolios.

FLSmidth will partner with Simatek to continue to provide unique fabric filter solutions to its customers.

Frank Poulsen, CEO Simatek A/S, says:

"I am very pleased to welcome FLSmidth’s Fabric Filter business to join the Simatek family. They bring a wealth of knowledge in bag filter technology, in particular for applications in the inorganic industries, where FLSmidth has a long proven track record of delivering air filtration systems.

The combination of FLSmidth’s and Simatek’s product portfolios will create a market leader within the air filtration and air pollution control markets. This expanded portfolio will enable Simatek to become a global full service provider for customers who want high quality emission control.

Simatek’s technical engineers’ unique skills and experience allow us to offer assistance and advice across the combined range of filters to a wider customer base in multiple industries.”

Flemming Jensen, Head of Air Pollution Control FLSmidth, adds:

“Having decided to outsource non-core activities, Simatek was an ideal partner for our Fabric Filter business. By combining our products and markets, Simatek gains significant synergies, and becomes a highly competitive supplier to FLSmidth – in terms of technology as well as cost.”

The two parties have agreed not to disclose the financial details around the acquisition.

About Simatek

Simatek is a leading manufacturer of industrial air filtration solutions. Our high-tech products and systems optimize footprint, performance and maintenance for industrial plants worldwide in industries such as energy, biomass, chemical, grain, feed, food and dairy etc. all at a low cost of ownership.

Unique technology and specialised expertise are at the heart of everything we do at Simatek. Our core team of dedicated employees – alongside our global network of partners and representatives – are ready to help you find the solution that will benefit your business the most.

For further information contact Frank Poulsen, CEO Simatek +45 29494170 or visit our website www.simatek.com