Sandvik has wrapped up the previously announced acquisition of Gerling GmbH, a Germany-based precision tube engineering company. The financial terms of the deal were not disclosed by the Swedish engineering company. Gerling caters to various industries, which include the hydrogen market. The tube engineering solutions company is engaged in providing engineering solutions, such as high-pressure […]
Swedish engineering company Sandvik has wrapped up its previously announced acquisition of Kwatani, a South African supplier of feeders and screens for the mining sector. The financial terms of the deal were not disclosed. The deal was announced in May 2021, Kwatani’s portfolio includes screens, fine separators, feeders, and drives. Its last year’s revenues were […]
Swedish engineering company Sandvik has closed the previously announced acquisition of DWFritz Automation, a US-based metrology and automation company. DWFritz Automation is engaged in providing precision metrology, inspection, and assembly solutions for advanced manufacturing. Based in Wilsonville, Oregon, the company also has offices in China and France. Its clients include various Fortune 500 customers for […]
Swedish engineering company Sandvik has wrapped up its previously announced acquisition of US-based CNC Software, a CAD/CAM software solutions provider for manufacturing industries. CNC Software had developed Mastercam, a computer aided manufacturing (CAM) brand in the industry. The deal was announced in August 2021. Last year, CNC Software had registered revenues of nearly $60 million. […]
Swedish engineering company Sandvik has agreed to acquire CNC Software Inc., a US-based CAD/CAM software solutions provider for manufacturing industries. The terms of the deal were not disclosed. CNC Software had developed the computer aided manufacturing (CAM) brand — Mastercam. The company will come under Sandvik Manufacturing and Machining Solutions’ design and planning automation division. […]
Swedish engineering firm Sandvik has agreed to sell its exploration business to Drillman, a subsidiary of the M Group of companies, which is fully owned and operated in Australia. Drillman caters to the geotechnical, mineral exploration, horizontal, directional, and upstream gas drilling and other sectors with equipment and technical support. As part of the deal, […]