News from the Group

Sandvik has committed to set targets in line with the Science Based Targets initiative (SBTi), consistent with the Paris Agreement.

Sandvik has completed the previously announced acquisition of the South African based company Kwatani, a leading supplier of screens and feeders for the mining industry.

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 raised EUR 500 million in the corporate bond market under its Euro Medium Term Note (EMTN) program.

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.

The Sandvik Board of Directors has appointed the first three members of the Board of SMT – the new company planned to be listed in 2022.