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The Nomination Committee of Sandvik AB proposes the re-election of the Board members Jennifer Allerton, Claes Boustedt, Marika Fredriksson, Johan Karlström, Johan Molin, Björn Rosengren, Helena Stjernholm and Lars Westerberg. Johan Molin is proposed to be re-elected Chairman of the Board.

Sandvik has completed the previously announced acquisition of Artisan Vehicle Systems, a US-based supplier of battery electric vehicle solutions for underground mining.

Lars Engström, President of Sandvik Mining and Rock Technology, will leave Sandvik during 2019 after the appointment of a successor.

Sandvik acquires privately owned Artisan Vehicle Systems, manufacturer of battery powered underground mining equipment, based in Camarillo, California, USA.

See the entire report (PDF document, 1.1 MB)

Sandvik Materials Technology has received several orders for advanced tubes for the oil and gas industry at a combined value of about 1 billion SEK, with the majority being umbilical tubes.

Sandvik has completed the acquisition of the US-based company Dura-Mill, a manufacturer of precision solid carbide end mills.

Dormer Pramet, a division within Sandvik Machining Solutions, has acquired the US based company Wetmore Tool & Engineering, a manufacturer of round tools specialized for the aerospace industry.

Sandvik will publish its fourth quarter results on Monday, 21 January 2019 at approximately 08.00 CET.