News from the Group

Sandvik has signed an agreement to acquire the assets of US based company Peterson Tool Company, Inc., (“PTC”) a leading supplier of machine-specific custom insert tooling solutions.

Sandvik has signed an agreement to acquire the mining related business of Schenck Process Group (SP Mining).

Sandvik and Hindustan Zinc have signed a Memorandum of Understanding for supply of a battery-electric underground equipment fleet to be used at Sindesar Khurd Mine to help it achieve its carbon neutrality ambitions.

Sandvik has completed the previously announced acquisition of the German based company Gerling GmbH.

Sandvik Mining and Rock Solutions has received a major order for the AutoMine® load and haul automation system valued at about SEK 250 million.

Sandvik has acquired US-based Dimensional Control Systems (DCS) – a leading global provider of dimensional quality management software and on-site engineering services.

Sandvik Mining and Rock Solutions has been awarded a contract in the EMEA region valued at around SEK 1 billion for the supply of tunnelling equipment, roadheaders and underground drill rigs.

Sandvik has completed the previously announced acquisition of the Canada-based ICAM Technologies Corporation.

Sandvik has completed the previously announced acquisition of the 100% equity interests of the US based company GWS Tool Intermediate Holdings LLC from its beneficial owners, L Squared Capital Partners and GWS management.