Acquisitions and Divestitures Committee

The Acquisitions and Divestitures Committee, which consists of three Board members, is appointed by the Board.

Members of the committee 2021/2022

The Acquisitions and Divestitures Committee currently consists of:

  • Johan Molin (Chairman of the Committee)
  • Helena Stjernholm
  • Claes Boustedt

The Board secretary, Åsa Thunman, is also secretary of the Acquisitions and Divestitures Committee.

Tasks of committee

The purpose of the Acquisitions and Divestitures Committee is to prepare major or strategically important acquisitions and divestitures for Board decisions. The Committee meets on an ad hoc basis, at the request of the President and CEO in consultation with the Chairman of the Board.

The committee's work in 2020

During 2020 the Acquisitions and Divestitures Committee held eight meetings and reviewed matters mostly related to the separation and potential distribution and listing of the Sandvik Materials Technology business area, the acquisitions of DSI Underground, CGTech, Miranda Tools’ business, Allied Construction Products and QCT as well as the divestiture of Sandvik’s Exploration business.