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 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

Sandvik to acquire CAD/CAM solutions provider CNC Software

Pallavi Madhiraju- August 25, 2021 0

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 ... Read More