News from the Group

In our corporate magazine Meet Sandvik 2/2020 our CEO Stefan Widing talks about our increased focus on digital solutions for the future.

Today, at Sandvik’s virtual Capital Markets Day, Stefan Widing, President and CEO of Sandvik and Tomas Eliasson, Executive Vice President and CFO of Sandvik, will provide an update on the company’s performance and present the key strategic focus areas of Sandvik’s shift to growth.

Sandvik has the pleasure to invite investors, analysts and financial media to its virtual Capital Markets Day on 3 November 2020, starting at 13.00 CET.

Sandvik has signed an agreement to acquire US based CGTech, a global market leader in software for numerical control (NC/CNC) simulation, verification and optimization.

Sandvik Board of Directors has today decided that following the completion of the internal separation of Sandvik Materials Technology (SMT), Sandvik will proceed with the preparation to distribute SMT to Sandvik’s shareholders and list the company’s shares on the Nasdaq Stockholm Exchange.

See the entire report (PDF document, 6.5 MB)

Sandvik has decided to establish a new business area, Sandvik Rock Processing Solutions (SRP), as of 1 January 2021.

Sandvik has signed an agreement to divest its Exploration business to Drillman, a subsidiary of the M Group of companies, which is 100% owned and operated in Australia.

Sandvik has completed the previously announced acquisition of Allied Construction Products LLC (Allied).