News from the Group

Mar 12, 2020 1:00 PM CEST , Press release

Sandvik has completed the previously announced divestment of Sandvik Drilling and Completions (Varel), meaning the operations relating to the oil and gas industry to the private equity firm Blue Water Energy and its co-investor, the privately owned Nixon Energy Investments.

Jan 14, 2020 3:00 PM CEST , Press release

Sandvik has completed the previously announced acquisition of Summerill Tube Corporation, a manufacturer of high precision tubes.

Jan 6, 2020 3:00 PM CEST , Press release

Sandvik acquires privately owned Thermaltek Inc., a manufacturer of high temperature furnace systems and metallic heating elements headquartered in North Carolina, USA.

Jan 2, 2020 1:00 PM CEST , Press release

Walter, a division within Sandvik Machining Solutions, has reached an agreement to acquire the privately owned US based company Melin Tool Company, a manufacturer of solid carbide tools.

Dec 20, 2019 4:00 PM CEST , Press release

Sandvik has signed an agreement to acquire privately owned Summerill Tube Corporation, based in Pennsylvania, USA.

Dec 20, 2019 3:00 PM CEST , Press release

Seco Tools, a division of Sandvik Machining Solutions, has reached an agreement to acquire the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a privately owned Mexican company offering integral machining solutions.

Oct 28, 2019 4:15 PM CEST , Press release

Sandvik has signed an agreement to divest the majority of Drilling and Completions (Varel), meaning the operations relating to the oil and gas industry to the private equity firm Blue Water Energy and its co-investor, the privately owned Nixon Energy Investments. Sandvik will remain a minority owner of 30% of the company and hold a position on the board.

Jul 12, 2019 1:30 PM CEST , Press release

Sandvik has acquired a 30% stake in privately owned Italian company Beam IT, a leading provider of metal Additive Manufacturing (AM) services and advanced end-use components.

Jun 17, 2019 9:00 AM CEST , Press release

Sandvik has completed the previously announced acquisition of Newtrax, a supplier of technology in wireless connectivity to monitor and provide insights on underground mining operations, including people, machines and the environment.

Apr 17, 2019 3:00 PM CEST , Press release

Sandvik acquires privately-owned Newtrax, a supplier of leading technology in wireless connectivity to monitor and provide insights on underground operations, including people, machines and the environment.

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