News from the Group

September 17, 2021 , Press release Regulatory

The Nomination Committee for the 2022 Annual General Meeting has now been appointed.

August 30, 2021 , Press release Regulatory

Tomas Eliasson, Executive Vice President and Chief Financial Officer, CFO, for Sandvik has decided to leave his position as of October 31, 2021, after more than five years in the Group.

August 25, 2021 , Press release

Sandvik is updating the revenue target for the business area segment Sandvik Manufacturing Solutions for 2025 to SEK 6 billion from SEK 4 billion previously.

August 25, 2021 , Press release

Sandvik has signed an agreement to acquire US-based CNC Software Inc., a leading provider of CAD/CAM software solutions for manufacturing industries and the company behind Mastercam, the most widely used Computer Aided Manufacturing (CAM) brand in the industry.

August 20, 2021 , Press release

Sandvik has completed the previously announced acquisition of 67% of Chuzhou Yongpu Carbide Tools Co., Ltd.

August 3, 2021 , Press release

Sandvik’s acquisition of DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries, was closed on July 7, 2021.

July 28, 2021 , Press release

Sandvik has signed an agreement to acquire 67% of Chuzhou Yongpu Carbide Tools Co., Ltd, a China based premium solid round tools company, with a call option to buy the remaining part in three years’ time.

July 15, 2021 , Press release

Sandvik has signed an agreement to acquire the Polish company Fabryka Narzędzi FANAR S.A. (Fanar), a manufacturer of round tools.

July 12, 2021 , Press release

Sandvik has signed an agreement to acquire US based DWFritz Automation Inc., a leading global provider of precision metrology, inspection- and assembly solutions for advanced manufacturing.

July 7, 2021 , Press release

Sandvik has completed the previously announced acquisition of DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries.

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