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Sandvik Completes The Acquisition Of Chuzhou Yongpu Carbide Tools Co., Ltd

Sandvik Completes The Acquisition Of Chuzhou Yongpu Carbide Tools Co., Ltd

08/21/21, 12:01 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/SE.svgstockholm
Industry
mining
Sandvik has completed the previously announced acquisition of 67% of Chuzhou Yongpu Carbide Tools Co., Ltd, a China based premium solid round tools company, with a call option to buy the remaining part in three years' time.

Company Info

Company
Sandvik
Location
Stockholm, Stockholms län, Sweden
Company info
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. In 2022 the Group had approximately 40,000 employees and revenues of about 112 billion SEK in about 150 countries within continuing operations.

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