FLSmidth is divesting its cement business to Pacific Avenue Capital Partners for $175M, marking a key step in its new ...

An affiliate of Pacific Avenue Capital Partners entered into an agreement to acquire FLSmidth Cement, which has its U.S.

The company's roots in the Lehigh Valley go back more than 100 years, with the invention of what would be called the ...

COMPANY ANNOUNCEMENT NO. 10-2025 FLSmidth & Co. A/S20 June 2025 Copenhagen, Denmark Today, FLSmidth announces that it has entered into an agreement to divest its Cement business to an affiliate ...

Mads Nipper is to step down as chief executive officer of Danish wind developer Orsted A/S after a series of huge writedowns over the past few years on both sides of the Atlantic. He is to be replaced ...

Orsted, which operates 12 wind farms in the UK, said Mads Nipper will be replaced by deputy Rasmus Errboe today. Nipper took charge in January 2021.

Mads Nipper will step down as chief executive officer of Danish wind developer Orsted A/S after a series of huge writedowns over the past few years on both sides of the Atlantic and a steep slump ...

Orsted said Mads Nipper would step down as chief executive on Saturday after four years on the job, with the board appointing Rasmus Errboe, the deputy CEO and chief commercial officer, to replace ...

Orsted is parting ways with Chief Executive Officer Mads Nipper as the Danish wind energy group grapples with supply-chain bottlenecks, high financing costs and U.S. President Trump’s opposition ...

Orsted chief executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said today, as it seeks to arrest an 83% slump in its ...

Nipper, who joined Orsted in January 2021, will step down as CEO on 1 February. Rasmus Errboe joined the group in 2012 and became a member of executive management in 2022.