Swedish manufacturer Sandvik (STO: SAND) said it will acquire French software company Metrologic Group from Astorg Partners for €360 million (US$434.9 million).
Headquartered in Meylan, France, Metrologic Group is a developer of agnostic metrology software. Its offerings include metrology, automation, and robotics control as well as servics for calibration and 3D measuring.
The addition will broaden Sandvik Machining Solutions’ offering in digital manufacturing, the company said.
© 2019 Gale Media, Inc.
Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.
The 2018 Top Distributors List
This free PDF includes lists of top distribution companies across 14 sectors.
You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.
Download the Free PDF now >>
MDM Update: Daily Newsletter
Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox.
Sign-up for MDM Update >>