Sandvik Completes The Acquisition Of The Mining Part Of Schenck Process Group

Nov 01, 2022•almost 3 years ago

Acquiring Company

Sandvik

Acquired Company

Schenck Process Group

StockholmMining

Description

Sandvik has completed the previously announced acquisition of the mining related business of Schenck Process Group (SP Mining). SP Mining is one of the market leaders in screening, feeding, screening media and train loading solutions in the industry. The company will be reported in Stationary Crushing and Screening, a division in Sandvik Rock Processing Solutions (SRP).

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

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Tech stack consolidation

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Post-acquisition investment

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