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Sandvik acquires CIMCO's probing technology and resellers

Mar 03, 2025•10 months ago

Acquiring Company

Sandvik

Acquired Company

Barefoot CNC

StockholmMorgantonMonroePort OrangeCopenhagenMiningSoftwareManufacturingManufacturingSoftware

Description

Sandvik has acquired three US-based resellers of CAM solutions and CIMCO's probing and post processor business. This move strengthens Sandvik's position in the CAM market, enhancing its capabilities to serve customers. The acquisitions will be integrated into Sandvik's Mastercam business unit. The combined annual revenue of the acquired businesses is approximately USD 6 million.

Company Information

Company

Sandvik

Location

Stockholm, Stockholm County, Sweden

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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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed