Sandvik secures significant orders in Portugal and Southeast Asia totaling SEK840m

Pallavi Madhiraju- July 3, 2024 0

Sandvik AB, a global engineering group specializing in mining and rock excavation, has announced a substantial equipment order worth approximately SEK 340 million from Cimertex, ... Read More

Sandvik completes acquisition of Almü Präzisions-Werkzeug to strengthen high-precision cutting tools portfolio

Pallavi Madhiraju- May 5, 2024 0

Sandvik, a global leader in engineering and manufacturing solutions, has completed its acquisition of Almü Präzisions-Werkzeug GmbH (Almü), a cutting tools and solutions provider based ... Read More

Sandvik acquires majority stake in China-based Ahno Precision Cutting Tool Technology

Pallavi Madhiraju- April 25, 2024 0

Sandvik, a global engineering group, has announced its acquisition of a majority stake in Suzhou Ahno Precision Cutting Tool Technology Co., Ltd. (Ahno), a leading ... Read More

Sandvik to acquire Cimquest to strengthen CAM market presence

Pallavi Madhiraju- February 26, 2024 0

Sandvik AB, a global engineering group, has entered into a definitive agreement to acquire Cimquest Inc., a leading United States-based reseller of Computer Aided Manufacturing ... Read More

Sandvik acquires pro-micron GmbH to expand in sensorized tools and automation

Pallavi Madhiraju- December 31, 2023 0

Sandvik, a global engineering group, has announced its agreement to acquire pro-micron GmbH, a German-based leader in sensorised tools and automation software. This acquisition aligns ... Read More

Sandvik secures €500m EIB loan to support R&D investments

Pallavi Madhiraju- January 22, 2023 0

Sandvik has signed a loan agreement for €500 million with the European Investment Bank (EIB) to support its investments in research and development (R&D). According ... Read More

Sandvik acquires American tap manufacturer Balax

Pallavi Madhiraju- August 3, 2022 0

Sandvik has acquired the assets of US-based Balax, which supplies carbide and HSS cut taps and roll forming taps, that are mainly used within the ... Read More

Sandvik wraps up acquisition of US-based Peterson Tool Company

Pallavi Madhiraju- July 18, 2022 0

Sandvik has wrapped up the previously announced acquisition of the assets of Peterson Tool Company (PTC) an American supplier of machine-specific custom insert tooling solutions. ... Read More

Sandvik to acquire Portuguese tool manufacturer Frezite

Pallavi Madhiraju- June 29, 2022 0

Swedish engineering company Sandvik has agreed to acquire Frezigest, SGPS (Frezite), a Portuguese tool manufacturer, for an undisclosed price. Frezite offers customized and standard cutting ... Read More

Sandvik to acquire Nashville-based Peterson Tool Company

Pallavi Madhiraju- May 13, 2022 0

Sandvik, a Swedish engineering firm, has agreed to acquire the assets of Peterson Tool Company, a US-based supplier of machine-specific custom insert tooling solutions, for ... Read More