Acquisitions

The table shows completed acquisitions. For presentations related to acquisitions, go to the page for presentations.

Completed acquisitions 2020–2022
Year	Company (link to press release)	Business area¹⁾	Share,%	Revenues MSEK	Note
2023	Premier Machine Tools	SMM	95	120 MSEK	Q1
2023	Polymathian	SMR	100	100 MSEK	Q1
2022	SP Mining	SRP	100	1,967 MSEK	Q4
2022	Frezite	SMM	100	450 MSEK	Q3
2022	Sphinx	SMM	100	292 MSEK	Q3
2022	Balax²⁾	SMM	100	10 MSUD	Q3
2022	Peterson Tool Company²⁾	SMM	100	9 MUSD	Q3
2022	Preziss	SMM	100	10 MEUR	Q3
2022	Akkurate	SMR	100	-	Q2
2022	Pexco³⁾	SMT	100	-	Q2
2022	Deswik	SMR	100	79 MAUD 12M KV421-KV322	Q2
2022	Gerling	SMT	100	90 (2020)	Q1
2021	Dimensional Control Systems	SMM	100	92	Q4
2021	GWS Tool Group	SMM	100	41 MUSD	Q4
2021	ICAM Technologies Corp.	SMM	100	30	Q4
2021	Kwatani	SRP	100	175	Q4
2021	Fanar	SMM	100	175	Q4
2021	Cambrio	SMM	100	628	Q4
2021	Accuratech Group	SMT	100	75	Q4
2021	DWFritz Automation	SMM	100	720	Q4
2021	Tricon Drilling Solutions	SMR	100	18 MAUD 12M Q319-Q220	Q3
2021	CNC Software Inc.	SMM	100	60 MUSD	Q3
2021	Chuzhou Yongpu	SMM	67	400	Q3
2021	DSI Underground	SMR	100	596 MEUR	Q3
2020	CGTech	SMM	100	470	Q4
2020	Miranda Tools	SMM	100	200	Q4
2020	Allied Construction Products LLC	SMRT	100	275	Q4
2020	Quimmico Centro Technológico (QCT)	SMS	100	90	Q2
2020	Summerill Tube Corporation	SMT	100	100	Q1

1) Business areas:
SMM=Sandvik Manufacturing and Machining Solutions
SMR=Sandvik Mining and Rock Solutions
SRP=Sandvik Rock Processing Solutions
SMT=Sandvik Materials Technology
SMS=Sandvik Machining Solutions
SMRT=Sandvik Mining and Rock Technology
2) Asset deal
3) The acquisition of Pexco was an additional purchase of the remaining 30% of the minority.

Previous acquisitions

2010–2019

Acquisitions 2010–2019
Year	Company (link to press release)	Business area¹⁾	Share,%	Invoicing MSEK	Note
2019	Thermaltek	SMT	100	128	Q4
2019	Melin Tool Company	SMS	100	216	Q4
2019	BeamIT	SMS	30	70	Q2
2019	Newtrax	SMRT	100	185	Q2
2019	Wetmore Tools & Engineering	SMS	100	160	Q1
2019	Artisan Vehicle Systems	SMRT	100	115	Q1
2018	Dura-Mill	SMS	100	65	Q4
2018	OSK	SMS	100	120	Q4
2018	Inrock	SMRT	100	415	Q3
2018	Custom Electric Manufacturing	SMT	100	45	Q3
2018	Metrologic Group	SMS	100	450	Q3
2016	Comara GmbH	SMS	100	8	Q4
2016	Prometec GmbH	SMS	100	48	Q1
2015	SGL Technology B.V. (SGL)	Venture	100	60	Q3
2014	Varel International Energy Services Inc.	Venture	100	2,300	Q2
2013	Precorp Inc.	SMS	100	230	Q4
2013	TechnoPartner Samtronic GmbH	Venture	100	110	Q4
2013	Cubex	Mining	100	270	Q1
2012	Seco Tools²⁾	SMS	100
2011	SJL	SMC	80	1000	Q4

1) Business areas
SMRT=Sandvik Mining and Rock Technology
SMS=Sandvik Machining Solutions
SMT=Sandvik Materials Technology
SMC=Sandvik Mining and Construction
2) Purchase of minority-owned shares in subsidiary

2000–2009

Acquisitions 2000–2009
Year	Company	Business area¹⁾	Share,%	Invoicing MSEK
2009	Wolfram Bergbau und Hütten GmBH, Austria	Tooling	100	1800
2009	BTA Heller Drilling Systems, UK	Tooling	100	33
2008	Precorp, USA	Tooling	49	140
2008	Teeness, Norway	Tooling	100	200
2008	Eurocut, UK	SMT	100	60
2008	Aubema, Germany	SMC	100	160
2008	Corstor International, South Africa	SMC	100	70
2008	JN Precise, Canada	SMC	100	100
2008	Medtronic Inc. (part of), USA	SMT	100	110
2007	JKB Medical Technologies, USA	SMT	100	90
2007	Doncasters Medical Technologies, UK	SMT	100	500
2007	Fintec Crushing and Screening Ltd, UK	SMC	100	560
2007	Extec Screens and Crushers Ltd, UK	SMC	100	1800
2007	Hydramatic Engineering, Australia	SMC	100	330
2007	Diamond Innovations, USA	Tooling	100	>1000
2007	Shark Abrasion Systems, Australia	SMC	100	70
2006	Metso Powdermet	SMT	100	90
2006	Implementos Mineros	SMC	100	90
2006	UDR Group	SMC	100	275
2006	Hagby-Asahi	SMC	100	160
2006	SDS Corporation	SMC	100	650
2005	Smith²⁾	SMC	100
2005	Walter²⁾	Tooling	100
2004	Werner Schmitt PKD-Werkzeug AG	Tooling	100	88
2004	Sandvik Gram A/S	SMT	100	20
2004	Sandvik MGS S.A.	SMC	51	399
2004	Sandvik Smith Asia Ltd	SMC	100	53
2004	Technical Tooling Inc	Tooling	100	36
2004	Alpen Ferramentaria de Precisao Ltda	Tooling	100	9
2004	TI-TEK Pty Ltd³⁾	Tooling	100
2003	Walter	Tooling	96
2002	Mazda Earth Technology	SMC	100	500
2002	Valenite	Tooling	100	2000
2002	Walter	Tooling	94	2700
2001	Walter	Tooling	<50
2001	Svedala	SMC	100	1400
2001	Sandvik Smith⁴⁾	SMC	50	360
2001	Sandvik Bafco Servicios S.A.	SMC	100	80
2001	Sandvik Hurth-Infer SA	Tooling	80	65
2001	Sandvik Choksi Ltd, India	SMT	100	30
2000	Beltreco Limited	SMC	100	450
2000	Hindrichs-Auffermann Metallverarbeitungs GmbH	SMT	100	120
2000	ARAF	Tooling	100	30
2000	Titex	Tooling	100
2000	BPI, Neuson	SMC	100	120
2000	Qingdao	SMT	100

1) Business areas:
Tooling=Sandvik Tooling
SMC=Sandvik Mining and Construction
SMT=Sandvik Materials Technology
SMS=Sandvik Machining Solutions
2) Purchase of minority-owned shares in subsidiary
3) Fusioned with Walter Australia Pty Ltd
4) Joint venture

1990–1999

Acquisitions 1990–1999
Year	Company	Business area¹⁾	Share,%	Invoicing MSEK
1999	Bröyt	SMC	100	50
1999	MRL	SMT	100	160
1998	Suh Jun Trading²⁾	SMC	70	80
1998	Poppe & Potthoff	SMT	100	160
1998	Tamrock Luoyang JV²⁾	SMC	60
1997	Globar (Kanthal)	SMT	100	12
1997	Saxon Blades	SMT	100	22
1997	Drillmaster	SMC	100	80
1997	Precision Twist Drill	Tooling	100	1 000
1997	Alloy Wire (Kanthal)	SMT	100	28
1997	Kanthal	SMT	100	1 700
1996	Kanthal	SMT	47
1997	Tamrock	SMC	100	6 500
1996	Tamrock	SMC	49
1996	Choksi	SMT	51	200
1996	Precitube	SMT	100	40
1996	Sandvik- Villares Wires	SMT	50	160
1996	CML	SMT	100	300
1996	Calamo	SMT	100	65
1995	Ovaco Accai	SMT	100
1994	Qingdao	SMT	60
1994	MKTS	Tooling	100	50
1994	Chomutov	SMT	100	130
1998	Baildonit	Tooling	100
1997	Baildonit	Tooling	51	80
1995	Baildonit	Tooling	37
1994	Baildonit	Tooling	16	40
1997	RGB Stainless	SMT	100	300
1994	RGB Stainless	SMT	55
1994	Impero	Tooling	100	106
1993	Impero	Tooling	83

1) Business areas:
Tooling=Sandvik Tooling
SMC=Sandvik Mining and Construction
SMT=Sandvik Materials Technology
SMS=Sandvik Machining Solutions
2) Joint venture

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Acquisitions

Previous acquisitions

2010–2019

2000–2009

1990–1999

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Expertise and innovation

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Acquisitions

Previous acquisitions

2010–2019

2000–2009

1990–1999

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