Acquiring Company
Sandvik Manufacturing Solutions
Acquired Company
Fastech
Description
Sandvik, a global engineering company, has successfully acquired Fastech, a US-based reseller of CAM solutions within the Mastercam network. This strategic acquisition aligns with Sandvik's goal to expand its presence in digital manufacturing and enhance its ability to provide innovative solutions to a wider customer base.
Quick answer
Sandvik Manufacturing Solutions is acquiring Fastech, announced January 3, 2025.
- How much did Sandvik Manufacturing Solutions pay for Fastech?
- 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 Fastech based?
- Fastech is based in Findlay, Ohio, United States.
- 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.
Other recent acquisitions in Mining and Manufacturing
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Sandvik strengthens its position in the CAM market with the acquisition of three US-based CAM resellers (February 3, 2025)
- Element79 to merge with Synergy Metals Corp. (January 13, 2025)
- BTL EPC Ltd. completes acquisition of MBE-CMT to strengthen product business (December 28, 2024)
- Russel Metals Inc. closes acquisition of Tampa Bay Steel (December 4, 2024)
- Sandvik completes acquisition of Universal Field Robots to enhance digital mining capabilities (December 2, 2024)
- Acerinox completes acquisition of Haynes International to strengthen its global position in high-performance alloys (November 21, 2024)
Who to call at Sandvik Manufacturing Solutions, and when
When Sandvik Manufacturing Solutions changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Sandvik Manufacturing Solutions raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sandvik Manufacturing Solutions, from your own LinkedIn network
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Frequently asked
Who acquired Fastech?
Fastech was acquired by Sandvik Manufacturing Solutions. The deal was reported on January 3, 2025. 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 Fastech?
Sandvik Manufacturing Solutions's acquisition of Fastech was reported on January 3, 2025. Sandvik, a global engineering company, has successfully acquired Fastech, a US-based reseller of CAM solutions within the Mastercam network. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fastech do?
Fastech is a US-based reseller of CAM solutions within the Mastercam network. The company is dedicated to providing cutting-edge Computer Aided Manufacturing (CAM) solutions to its clients across various industries. It is privately held, operating in Manufacturing, and is based in Findlay.
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