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Sandvik completes acquisition of Universal Field Robots to enhance digital mining capabilities

PRIVATEDec 02, 2024

Acquiring Company

Sandvik Manufacturing Solutions

Acquired Company

Universal Field Robots (UFR)

Eagle FarmManufacturingMiningSoftwareMining

Description

Sandvik, a global engineering group, has successfully completed the acquisition of Universal Field Robots (UFR), a fast-growing provider of autonomous interoperable solutions for the surface mining and underground mining markets. This acquisition is expected to strengthen Sandvik's Digital Mining Technologies division and enhance its capabilities in the mining industry.

Quick answer

Sandvik Manufacturing Solutions is acquiring Universal Field Robots (UFR), announced December 2, 2024.

How much did Sandvik Manufacturing Solutions pay for Universal Field Robots (UFR)?
The deal value was not disclosed.
What does Sandvik Manufacturing Solutions do?
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries.
Where are Sandvik Manufacturing Solutions and Universal Field Robots (UFR) based?
Universal Field Robots (UFR) is based in Eagle Farm, Queensland, Australia.
Who are the decision-makers at Sandvik Manufacturing Solutions?
Fundz holds 1 contact at Sandvik Manufacturing Solutions. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Sandvik Manufacturing Solutions

About

Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing.

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Frequently asked

Who acquired Universal Field Robots (UFR)?

Universal Field Robots (UFR) was acquired by Sandvik Manufacturing Solutions. The deal was reported on December 2, 2024. Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. Sandvik Manufacturing Solutions is privately held and operates in Manufacturing.

When did Sandvik Manufacturing Solutions acquire Universal Field Robots (UFR)?

Sandvik Manufacturing Solutions's acquisition of Universal Field Robots (UFR) was reported on December 2, 2024. Sandvik, a global engineering group, has successfully completed the acquisition of Universal Field Robots (UFR), a fast-growing provider of autonomous interoperable solutions for the surface mining and underground mining markets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Universal Field Robots (UFR) do?

Universal Field Robots (UFR) is a fast-growing Australia-based provider of autonomous interoperable solutions for the surface mining and underground mining markets. It is privately held, operating in Software, and is based in Eagle Farm.

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