Sandvik Completes Acquisitions within Mobile Crushing and Screening
SANDVIKEN--Sandvik (STO:SAND) announced on 24 April 2007 the agreements to acquire Extec Screens and Crushers Ltd and Fintec Crushing and Screening Ltd.
The acquisitions were completed on 31 May 2007 and the work to integrate the two companies in business area Sandvik Mining and Construction has started.
Sandvik is a global industrial group with advanced products and world-leading positions in selected areas - tools for metal cutting, machinery and tools for rock excavation, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems and sorting systems. The Group had at the end of 2006 about 42,000 employees and representation in 130 countries, with annual sales of more than SEK 72,000 M.
Sandvik Mining and Construction is a business area within the Sandvik Group and a leading global supplier of machinery, equipment and tools for the mining and construction industries. Annual sales 2006 amounted to about SEK 25,000 M, with approximately 12,200 employees.
This information was brought to you by Cision http://newsroom.cision.com
Contacts
Sandvik Mining and Construction
Lars Josefsson, +46 26 26 51 51
President
or
Sandvik AB
Jan Lissker, +46 26 26 10 23
Vice President, Investor Relations
The acquisitions were completed on 31 May 2007 and the work to integrate the two companies in business area Sandvik Mining and Construction has started.
Sandvik is a global industrial group with advanced products and world-leading positions in selected areas - tools for metal cutting, machinery and tools for rock excavation, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems and sorting systems. The Group had at the end of 2006 about 42,000 employees and representation in 130 countries, with annual sales of more than SEK 72,000 M.
Sandvik Mining and Construction is a business area within the Sandvik Group and a leading global supplier of machinery, equipment and tools for the mining and construction industries. Annual sales 2006 amounted to about SEK 25,000 M, with approximately 12,200 employees.
This information was brought to you by Cision http://newsroom.cision.com
Contacts
Sandvik Mining and Construction
Lars Josefsson, +46 26 26 51 51
President
or
Sandvik AB
Jan Lissker, +46 26 26 10 23
Vice President, Investor Relations
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