Sandvik AB (publ) Stock News

Scout Investments Inc. acquired a new stake in shares of Sandvik AB (publ) (OTCMKTS:SDVKY) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 149,572 shares of the industrial products companys stock, valued at approximately $3,428,000. Several other institutional investors and hedge funds []

Sandvik’s underground automation system AutoMine® has been on the market since 2004 with the first installation at Codelco’s El Teniente underground copper mine in Chile where semi-autonomous loading was achieved in the Pipa Norte area. More than 15 years have passed since then, and today more than 65 mining companies around the world use AutoMine[…] The post Russia gets first Sandvik AutoMine system at Norilsk’s Skalisty nickel-copper-PGM mine appeared first on International Mining .

L Squared Capital Partners to sell GWS Tool Group to Sandvik Submitted 23/11/2021 - 9:44am L Squared Capital Partners is to sell GWS Tool Group, a provider of highly engineered consumable cutting tools, to Sandvik. GWS will be reported in Walter, a division within the business area Sandvik Manufacturing and Machining Solutions. The acquisition of GWS will support Walters growth strategy in North America and strengthen its solid carbide tools offering. This acquisition represents a strategic opportunity to increase Walters and GWS respective positions in the manufacturing of advanced components and light-weight materials. We are grateful for our partnership with the executive leadership team at GWS, notably Rick McIntyre as CEO, says Randall Hunt, Partner at L Squared. Ricks leadership and vision enabled GWS to expand rapidly while creating an unmatched value proposition for GWS customers. A cornerstone of the GWS investment thesis was the opportunity to consolidate the fragmented landscape of high-performance cutting tools providers.

SANDVIKEN, Sweden, Nov. 19, 2021 /PRNewswire/ -- Sandvik has raised EUR 500 million in the corporate bond market under its Euro Medium Term Note (EMTN) program. The re-offer yield for the bond was 0.47% with a maturity date of November 25, 2028, corresponding to mid swaps 0.45 percentage

Sandvik AB (publ) (SDVKF) CEO Stefan Widing on Q3 2021 Results - Earnings Call Transcript

Sandvik AB (OTC: SDVKF) reported third-quarter revenue growth of 23.2% year-over-year to SEK 24.83 billion, with organic growth of 13%. Sales by segments: Mining and Rock Solutions SEK 11.11 billio

SANDVIKEN, Sweden, Oct. 18, 2021 /PRNewswire/ -- The Sandvik Board of Directors has today confirmed its previous decision to proceed with the preparation to distribute Sandvik Materials Technology (SM

SANDVIKEN, Sweden, Oct. 18, 2021 /PRNewswire/ -- Sandvik has completed the previously announced acquisistion of US-based Cambrio, a leading company with a portfolio in CAD/CAM software for manufacturi

STOCKHOLM, Oct. 4, 2021 /PRNewswire/ -- Sandvik has completed the previously announced acquisiton of US based DWFritz Automation, a leading global provider of precision metrology, inspection- and asse

SANDVIKEN, Sweden, Sept. 30, 2021 /PRNewswire/ -- Sandvik will report transaction costs of around SEK 180 million in total for the third quarter as a consequence of the accelerated M&A activities in r

SANDVIKEN, Sweden, Sept. 30, 2021 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of US-based CNC Software Inc., a leading provider of CAD/CAM software solutions for manufac

SANDVIKEN, Sweden, Sept. 17, 2021 /PRNewswire/ -- In 2020 Sandvik AB's Annual General Meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the General

Sandvik AB (OTC: SDVKY) has agreed to acquire US-based CNC Software Inc., a CAD/CAM software solutions provider for manufacturing industries and the company behind Mastercam, for undisclosed finan

SANDVIKEN, Sweden, Aug. 20, 2021 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of 67% of Chuzhou Yongpu Carbide Tools Co., Ltd, a China based premium solid round tools com

Sandvik had a mixed second quarter; revenue, operating income, and orders rebounded sharply from 2020 levels, but were more mixed relative to sell-side expectations.