Sandvik Completes The Acquisition Of The Leading Mine Planning Software Company Deswik

Apr 04, 2022•over 3 years ago

Acquiring Company

Sandvik

Acquired Company

Deswik

StockholmMining

Description

Sandvik has completed the previously announced acquisition of the Australian-based Deswik, the leading and fastest growing major provider of mine planning software. Deswik will be part of a newly formed division Digital Mining Technologies within business area Sandvik Mining and Rock Solutions.

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

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Tech stack consolidation

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Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

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