LKAB Minerals to acquire Francis Flower – forming a strong UK industrial minerals supplier
The Swedish state owned mineral company LKAB Minerals will, subject to merger clearance, complete a cash deal transaction acquiring full ownership of Francis Flower.
Adrian Willmott, Chairman and CEO of Francis Flower comments “LKAB Minerals are in a unique position to further develop Francis Flower across all its product lines. I have the utmost confidence that they will do so using the same core values we have adopted with our customers, suppliers and employees throughout our history. There is no doubt that LKAB Minerals links to its parent’s iron ore business will present much opportunity to Francis Flower in its next chapter, combine this with the ambitions of Darren Wilson and Leif Boström, and Francis Flower is going to continue to be an exciting place to be.”