In order to further consolidate the product portfolio and improve its long term performance, Sandvik Materials Technology intends to divest parts of its wire operations. The welding and stainless wire are subject to intense competition. In 2016, the wire businesses, which are to be divested, generated total annual revenues of about SEK 700M.
To remain in Sandvik Materials Technology, businesses will be included in the Kanthal product area and are regarded as core businesses due to the strong market positions and growth potential. In 2016, operations now transferred into the Kanthal product area had annual revenues of about SEK 800M.
