An international consortium is looking into buying FLS Industries, a listed Danish engineering and construction group, and its listed holding company Potagua, which could value the two companies at more than DKr6bn (€800m).

The consortium includes three financial buyers: Citigroup Venture Capital Private Equity Partners, the private equity unit of Citigroup; Capital International Private Equity Fund of the US; and Greenoak Capital Management, a UK-based investment firm. The two trade buyers are Atlas Cement Technology & Management, a building materials company, and Multiplex, an Australian construction company.