Nordic Business Report-December 20, 2006-FLSmidth & Co A/S acquires KOCH Transporttechnik (C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com Danish cement and minerals industry systems and equipment supplier FLSmidth & Co A/S said on Wednesday (20 December) that its mineral processing arm FFE Minerals has acquired KOCH Transporttechnik Germany and KOCH Transporttechnik Austria. KOCH Transporttechnik is a world leader in materials handling systems for various industries and is the worldwide market leader in pipe conveyors. KOCH designs, manufactures, markets and services a broad range of mechanical transport equipment and systems in the minerals and cement industries as well as in pulp and paper. KOCH Austria is currently handling the pipe conveyors for the worlds largest cement production line, St. Genevieve in the US. Meanwhile KOCH Germany is completing the worlds longest pipe conveyor of 8.2km for Cementos Lima in Peru. The sales of KOCH are expected to surpass EUR80m in 2007 and the acquisition will have a positive effect on the FLSmidth Groups earnings in 2007. The acquisition price was not disclosed. FLSmidth & Co is headquartered in Copenhagen, Denmark. It has 5,800 employees and reported sales of DKK10.50bn in 2005. The company is listed on the Copenhagen Stock Exchange. One British pound (GBP) is worth approximately 1.49 euros (EUR). One British pound (GBP) is worth approximately 11.08 Danish kroner (DKK). ((Comments on this story may be sent to [email protected]))