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CFO Tomas Eliasson to leave Sandvik

Tomas Eliasson, Executive Vice President and Chief Financial Officer, CFO, for Sandvik has decided to leave his position as of October 31, 2021, after more than five years in the Group.

New revenue target 2025 for Sandvik Manufacturing Solutions

Sandvik is updating the revenue target for the business area segment Sandvik Manufacturing Solutions for 2025 to SEK 6 billion from SEK 4 billion previously.

Sandvik completes the acquisition of Chuzhou Yongpu Carbide Tools Co., Ltd

Sandvik has completed the previously announced acquisition of 67% of Chuzhou Yongpu Carbide Tools Co., Ltd.

Sandvik acquires DSI Underground Joint Ventures, Rocbolt Technologies

Sandvik’s acquisition of DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries, was closed on July 7, 2021.

Sandvik to acquire premium solid round tools company Chuzhou Yongpu Carbide Tools Co., Ltd

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.

Sandvik to acquire the Polish round tools company Fanar

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

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