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Sandvik has acquired the remaining 50% of the shares in Sandvik Villares Wire Ltda in Brazil from its partner Acos Villares.
In his address to the shareholders at Sandvik AB's Annual General Meeting on 10 May 1996, Chief Executive Officer Clas Åke Hedström commented on the very successful operations in fiscal year 1995.
Sandvik has held a 25% interest in Tamrock Oy of Finland since 1991.
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