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Sandvik Machining Solutions is reviewing additional efficiency measures and as such envisages the possible closure of the manufacturing facility in Fondettes, France, whilst relocating the produced volumes to other facilities within Sandvik Machining Solutions.

Sandvik Coromant, a division within Sandvik Machining Solutions, has reached an agreement to acquire the privately owned US-based company Dura-Mill Inc, a manufacturer of precision solid carbide end mills.

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On May 21 – 22, 2019, Sandvik will arrange its Capital Markets Day in Tampere, Finland, at the production facility and test mine of Sandvik Mining and Rock Technology.

Sandvik will publish its third quarter results on Tuesday, 23 October 2018 at approximately 12.00 CEST.

The Nomination Committee for the 2019 Annual General Meeting has been appointed.

Sandvik has completed the previously announced divestment of the stainless wire business to the German family-owned Zapp Group.

The company is a leading manufacturer of original equipment and replacement heating elements on the North American market.

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In line with previous communication on 27 April 2018, Sandvik has completed the acquisition of the French metrology software company Metrologic Group from Astorg Partners.