News from the Group

Sandvik has signed an agreement to acquire the Spain-based company Preziss, a cutting tools and solutions provider within high-precision drilling, reaming, milling and tooling systems.

Alleima (former business area Sandvik Materials Technology) has the pleasure of inviting institutional investors, analysts, and financial media to its first Capital Markets Day.

In this issue of our corporate magazine Meet Sandvik we focus on manufacturing in the digital era, both from a metal cutting and mining perspective.

Sandvik is continuously reviewing options of how to reduce complexity and increase competitiveness, efficiency and flexibility to support the strategic direction of the Group.

Today, at the Capital Markets Day in Stockholm, Sweden, Stefan Widing, President and CEO and Cecilia Felton, Executive Vice President and CFO, will cover Sandvik’s shift to growth focus areas, key achievements and the ambitions going forward, including new financial targets, for the Sandvik 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.

The Sandvik AB Annual General Meeting on April 27 decided, in accordance with the Board of Directors’ proposal, to distribute all shares in the wholly owned subsidiary Alleima (former business area Sandvik Materials Technology) to the shareholders of Sandvik.

Sandvik AB’s Annual General Meeting was held on April 27, 2022 in Sandviken, Sweden.

View CEO's presentation in Swedish with English subtitles