Flacks Group Acquires Artemyn and Strengthens its Mining Presence

Artemyn, employing 1,000 people across 24 plants in the Americas, Asia, and Europe, generated $400 million in revenue and $60 million in EBITDA. Notably, Artemyn owns the world’s largest kaolin operation with unique high-quality reserves in Brazil, further bolstering Flacks Group’s assets.

Flacks Group, owned by Chairman and CEO Michael Flacks, manages over $4 billion in assets globally. The company operates across multiple sectors, including mining, renewable energy, water, chemicals, oil and gas, and real estate.

Among Flacks Group’s diversified portfolio is Pleuger Industries, a cornerstone renowned for its rotating equipment with almost a century of experience. With facilities in Germany, France, and the USA, Pleuger Industries is a key provider of dewatering and mission-critical equipment to major mining operations worldwide.

In recent years, Pleuger Industries has successfully delivered customized, high-performance dewatering solutions to harsh mining environments globally. Notable projects include providing over 380 units to Fortescue Metals Group’s “Cloudbreak” and “Christmas Creek” iron ore sites in Australia, which operate under high salinity and iron content conditions. In Germany, several units are used in Rheinkalks’ open pit limestone mine, adapted to fluctuating water levels. Pleuger also supplied approximately 1400 dewatering pumps for dewatering operations at RWE and Vattenfall’s brown coal mines in Germany, ensuring optimal performance in demanding conditions. Additionally, Pleuger has provided process water pumps for Chile’s Collahuasi Copper Mine, integral to the site’s energy management and corrosion protection systems. These projects underscore Pleuger’s expertise in delivering tailor-made solutions for the most challenging environments.

This collaboration with Artemyn is expected to enhance operational efficiencies and drive R&D in mining products.

“Pleuger is thrilled by Flacks Group’s acquisition of Artemyn,” says Pleuger CEO Anton Schneerson. “Pleuger is proud of its knowledge, German engineering approach, and customized dewatering solutions. Our premium engineering, driven by our R&D and expertise at our Hamburg Center of Excellence, enables us to address the most sophisticated and harsh environment requirements. With a century of experience, we are uniquely positioned to meet Artemyn’s needs and, together, create a new set of more efficient products. We are grateful to Flacks Group for this opportunity and look forward to collaborating on special mining applications.”