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About the company
Sandvik AB (Sandvik) is an engineering company in mining and rock excavation, metal-cutting and materials technology. The Company is engaged in the developing, manufacturing and marketing processed products and services. Its segments include Sandvik Machining Solutions, Sandvik Mining and Rock Technology, Sandvik Materials Technology and Other Operations. It operates in the areas of Mining, which includes delivering drill rigs; Engineering, which includes tools and tooling systems; Energy, which offers solutions for energy production; Automotive, which includes cemented-carbide tools and tooling systems; Construction, which provides solutions for the construction industry, and Aerospace, which works with aerospace companies. Its various product categories include metal-cutting tools and tooling systems; mining equipment and tools; construction equipment and tools; stainless steels, special alloys and titanium; furnace products and heating systems, and industrial processing systems.
- Revenue in SEK (TTM)120.68bn
- Net income in SEK14.69bn
- Incorporated1897
- Employees41.80k
- LocationSandvik ABKungsbron 1, Section D, plan 5STOCKHOLM 111 22SwedenSWE
- Phone+46 84561100
- Websitehttps://www.home.sandvik/se/?hcl=true
Mergers & acquisitions
| Acquired company | SAND:STO since announced | Transaction value |
|---|---|---|
| Osa Demolition Equipment Srl | 96.24% | -- |
| Verisurf Software Inc | 63.20% | -- |
| Barefoot CNC Inc | 63.90% | -- |
| Camtech Engineering Services LLC | 63.90% | -- |
