October 03, 2020
Sandvik has completed the previously announced acquisition of Allied Construction Products LLC (Allied), a US distributor of hydraulic hammers to the construction and mining industries and manufacturer of Compactor plates and mounting brackets.
In 2019 the company generated revenues of approximately 29 million USD with 38 employees. Sandvik was already a 21% minority shareholder of the company and Sandvik’s products generated about 80% of Allied’s revenues.
The deal is neutral to Sandvik’s earnings per share from the start.
Stockholm, 2 October 2020
Sandvik AB
For further information, contact Emelie Alm, Investor Relations Officer, phone: +46 79 060 8717 or Martin Blomgren, Press and Media Relations Manager, phone: +46 70 577 0549.
Sandvik completes the acquisition of Allied Construction (PDF)
Sanyi Double Eleven Carnival Feast,The purchase of the machine can be reduced by 15 thousand yuan immediately.,Miss waiting for a year! Xiang yuan 11.4 Golden Egg Smashing Activity Superimposed Enjoyment,Up to 10,000 yuan discount prize waiting for
Jiangsu Taixin Machinery Co Ltd(Hereinafter referred to as“Taixin Machinery”)As the director unit of Piling Machinery Branch of China Construction Machinery Industry Association,Actively participated in the third and fourth member congresse
baumaCHINACountdown to 2024:23 days!New Quality Trinity· Enter the museum tomorrow→Create a low-carbon future together! Tomorrow,Sany Group is stationedbaumaCHINAPavilion 2024, Openbauma CHINA Construction of booth 2024。 Novembe
Guidance for extensive and in-depth development“Make contributions to the 14th and 15th National Congress、Strive for a new journey”Thematic Labor and Skills Competition,Vigorously carry forward the spirit of labor、Craftsman spirit,Prom
Copyright Notice 2002-2024 global-ce.com Construction Machinery Online. All rights reserved.
Address: Room 901, Building C, Ruipu Mansion, Hongjunying South Road No.15, Chaoyang District, Beijing.100107 P.R.China