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Flacks Group acquires Artemyn

Published by , Editorial Assistant
Global Mining Review,

Flacks Group, the parent company of Pleuger Industries, has announced the acquisition of Artemyn, a division previously owned by Imerys SA, a publicly listed company on the Euronext.

This strategic acquisition marks Flacks Group’s significant entry into the mining industry, reinforcing its diversified portfolio and global reach.

Artemyn, employing 1000 people across 24 plants in the Americas, Asia, and Europe, generated US$400 million in revenue and US$60 million in EBITDA. Artemyn owns the world’s largest kaolin operation with unique high-quality reserves in Brazil, further bolstering Flacks Group’s assets. This collaboration with Artemyn is expected to enhance operational efficiencies and drive R&D in mining products.

“Pleuger is thrilled by Flacks Group’s acquisition of Artemyn,” said Pleuger CEO Anton Schneerson. “Pleuger is proud of its knowledge, German engineering approach, and customised dewatering solutions. Our premium engineering, driven by our R&D and expertise at our Hamburg Center of Excellence, enables us to address the most sophisticated and harsh environment requirements. With a century of experience, we are uniquely positioned to meet Artemyn’s needs and, together, create a new set of more efficient products. We are grateful to Flacks Group for this opportunity and look forward to collaborating on special mining applications.”

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