Tag: Sandvik
Sandvik completes the acquisition of Miranda Tools
Sandvik has completed the previously announced acquisition of the entire business of the Indian company Miranda Tools, comprising the manufacture of High Speed Steel and solid carbide round tools.
Sandvik completes the acquisition of CGTech
Sandvik has completed the previously announced acquisition of US-based CGTech, a leader in software for numerical control (NC/CNC) simulation, verification, and optimization.
Sandvik provides an update on cost measures and savings
Sandvik has initiated measures across the Group to mitigate effects from the covid-19 pandemic, with actions supporting savings both short-term and long-term.
Sandvik to distribute SMT to Sandvik’s shareholders
Sandvik Board of Directors has decided that following the completion of the internal separation of Sandvik Materials Technology (SMT), Sandvik will proceed with the preparation to distribute SMT to Sandviks shareholders and list the companys shares on the Nasdaq Stockholm Exchange.
Mats W Lundberg as Head of Sustainability at Sandvik
Mats W Lundberg has been appointed new Head of Sustainability for Sandvik Group. Mats W Lundberg has been with Sandvik since 2010 in various positions and he is currently Head of Sustainability for business area Sandvik Materials Technology.
Sandvik to divest its Exploration business
Sandvik has signed an agreement to divest its Exploration business to Drillman. Drillman provides equipment and technical support to the Geotechnical, Mineral Exploration, Horizontal, Directional and Upstream Gas Drilling sectors, among others.