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Sandvik has signed an agreement to acquire 67% of Chuzhou Yongpu Carbide Tools Co., Ltd, a China based premium solid round tools company, with a call option to buy the remaining part in three years’ time.

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Sandvik has signed an agreement to acquire the Polish company Fabryka Narzędzi FANAR S.A. (Fanar), a manufacturer of round tools.

Sandvik has signed an agreement to acquire US based DWFritz Automation Inc., a leading global provider of precision metrology, inspection- and assembly solutions for advanced manufacturing.

Sandvik has completed the previously announced acquisition of DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries.

Sandvik will publish its second quarter results on Friday, 16 July 2021 at approximately 11.30 CEST.

Sandvik has signed an agreement with Battery Ventures to acquire US-based Cambrio, a leading company with an end-to-end portfolio in CAD/CAM software for manufacturing industries.

Sandvik received orders for battery-electric mining vehicles (BEVs) amounting to about SEK 140 million in June, marking Sandvik’s highest ever order intake for mining BEVs in a single month.

Sandvik has signed an agreement to acquire Tricon Drilling Solutions Pty. Ltd, a privately-owned supplier of rock tools for the mining industry, based in Perth, Australia.