The acquisition enhances Sandviks position and product offering in North America, primarily within the Aerospace segment.
Latest In Sandvik
Swedish manufacturer completes previously announced sale to the Zapp Group.
Manufacturer expands industrial heating systems business with purchase of Michigan company.
Metrology software company is now part of Sandvik Machining Solutions.
Swedish manufacturer acquires Houston-based supplier of rock drilling tools and services.
The sale completes the company's plans to exit the stainless wire business.
Manufacturer continues plans to exit the stainless wire business.
Manufacturer broadens digital manufacturing solutions with addition of software company.
The manufacturer also names new president of Sandvik Materials Technology.
Nadine Crauwels was also named to the Sandvik machining solutions management team.
Profit increased to SEK 2.27 billion in the first quarter.
Klas Forsstrm also named to group executive management team.
Year-to-date sales decreased 10 percent year-over-year.
For the first six months, sales down 5 percent compared to year-ago period.
ZZ Zhang leaving group executive management team.
Profit increased to SEK 1.4 billion in the first quarter.
Company's revenues decline 6 percent in the fourth quarter.