News from the Group

Sandvik has signed an agreement to acquire Australian-based Deswik, the leading and fastest growing major provider of mine planning software.

Sandvik has signed an agreement to acquire Canada-based ICAM Technologies Corporation, a provider of innovative solutions that translate CAM data into optimized coding for guiding CNC machining operations.

Sandvik has signed an agreement to acquire 100% of the equity interests of the US based company GWS Tool Intermediate Holdings LLC.

Sandvik has signed an agreement to acquire the German based company Gerling GmbH, a precision tube engineering company serving multiple industries including the fast-developing hydrogen market.

Sandvik has completed the previously announced acquisition of the Polish company Fabryka Narzędzi FANAR S.A. (Fanar), a manufacturer of round tools.

Sandvik has completed the previously announced acquisistion of US-based Cambrio, a leading company with a portfolio in CAD/CAM software for manufacturing industries like automotive, transportation, energy, medical and aerospace.

Sandvik has acquired the Swiss based company Accuratech Group, a niched medical wire forming and component manufacturer.

Sandvik has completed the previously announced acquisiton of US based DWFritz Automation, a leading global provider of precision metrology, inspection- and assembly solutions for advanced manufacturing.

Sandvik will report transaction costs of around SEK 180 million in total for the third quarter as a consequence of the accelerated M&A activities in recent quarters, which have resulted in eight announced acquisitions, signed or closed, during 2021.

Sandvik has completed the previously announced acquisition of US-based CNC Software Inc., a leading provider of CAD/CAM software solutions for manufacturing industries.