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Sandvik Acquires Quality Management Software Provider Dimensional Control Systems

Dec 29, 2021over 3 years ago

Acquiring Company

Sandvik

Acquired Company

Dimensional Control Systems

StockholmMining

Description

Sandvik has acquired US-based Dimensional Control Systems (DCS) - a leading global provider of dimensional quality management software and on-site engineering services. DCS's offering will complement and enhance Sandvik's existing portfolio within metrology. The company will be reported in the Industrial Metrology division, within business area Sandvik Manufacturing and Machining 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
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