Jump to content

Sandvik acquires German steel belt manufacturer

Sandvik Process Systems has reached an agreement with Vereinigte Deutsche Nickel-Werke covering the acquisition of the German company Hindrichs-Auffermann Metallverarbeitungs GmbH located outside Wuppertal, Germany.

The company holds a strong position in the area of textured press plates and press belts of steel used in the production of laminates and in laminating of wood-based panels, an area assessed to have major growth potential. Annual sales amount about SEK 120 M, with 70 employees.

"This acquisition broadens our product range of advanced products and further enhances our position as a global leader in steel belt technology," says Svante Lindholm, President of Sandvik Process Systems.

Sandviken, 4 October 2000

Sandvik AB; (publ)

We would like your consent

Sandvik and our vendors use cookies (and similar technologies) to collect and process personal data (such as device identifiers, IP addresses, and website interactions) for essential site functions, analyzing site performance, personalizing content, and delivering targeted ads. Some cookies are necessary and can’t be turned off, while others are used only if you consent. The consent-based cookies help us support Sandvik and individualize your website experience. You may accept or reject all such cookies by clicking the appropriate button below. You can also consent to cookies based on their purposes via the manage cookies link below. Visit our cookie privacy policy for more details on how we use cookies.