Tag: Stefan Widing

Sandvik to acquire Cimquest to strengthen CAM market presence

businessnewstoday- February 26, 2024

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

businessnewstoday- December 31, 2023

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

businessnewstoday- January 22, 2023

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

businessnewstoday- August 3, 2022

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

businessnewstoday- June 29, 2022

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

businessnewstoday- May 13, 2022

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

businessnewstoday- August 25, 2021

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