Flacks Group Closes on $400 Million Mining Acquisition from Imerys
Michael Flacks. (Photo: Business Wire)
Flacks Group, owned by Chairman and CEO Michael Flacks, holds over $4 billion worth of assets globally. The company operates in the mining, renewable energy, water, chemicals, oil and gas, and real estate sectors.
Among Flacks Group’s diversified portfolio is Pleuger Industries, a renowned supplier of rotating equipment with over a century of experience and facilities in Germany, France, and the USA. Pleuger Industries is a key provider of dewatering and mission-critical equipment to major mining operations worldwide. Known for their high-efficiency submersible motors and pumps, Pleuger Industries delivers premium German-engineered solutions for water applications. Pleuger Industries will collaborate with Artemyn to enhance operational efficiencies and drive R&D in mining products.
Morgan Stanley served as an investment banker on the deal, with Latham & Watkins LLP, Moncey Avocats Law Firm, and Berger Singerman LLP acting as transactional lawyers.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240708178200/en/
Website: https://flacksgroup.com/
Contact
Flacks Group
Anton Schneerson
Managing Director
aschneerson@flacksgroup.com
This news is a press release provided by Flacks Group.
