With the closing of the acquisition of FLSmidth Cement by an affiliate of Pacific Avenue Capital Partners, the company has been renamed Fuller Technologies.
“We are proud to be the new owner of FLSmidth Cement, now Fuller Technologies, a global leader with a rich history of providing mission-critical equipment and aftermarket solutions in the cement and industrial sectors. We will continue to build upon the company’s legacy of being at the forefront of technological innovation, service delivery, and product quality as we support our customers’ operations,” said Chris Sznewajs, managing partner and founder of Pacific Avenue Capital Partners.
Customers can expect increased investment in people and products, supported by a focused and dedicated management team working to advance Fuller Technologies’ robust portfolio of capital products, digital, and service offerings. The company will continue delivering world-class performance across its product lines, with a renewed focus on Pyro and Grinding solutions and continued emphasis and dedicated resources for PFISTER, Ventomatic, Pneumatic Conveying, and Automation offerings.
Pacific Avenue said its deep experience executing industrial carve-outs and shepherding standalone businesses in their next stage of growth will be critical to Fuller Technologies’ future success. Pacific’s ownership will usher in a strong future for the company’s customers, employees, and other stakeholders.
With an extensive resume in diverse industries, including Building Products and Capital Equipment, Pacific Avenue is well-positioned to partner with Fuller Technologies to optimize operations, accelerate growth, and unlock value for customers.
