December 24, 2020
Sandvik has completed the previously announced acquisition of the entire business of the Indian company Miranda Tools, comprising the manufacture of High Speed Steel and solid carbide round tools.
In 2019, Miranda Tools had revenues of about 200 million SEK and around 580 employees. The deal has a limited impact on Sandvik’s earnings per share.
The Miranda Tools’ business will be part of Sandvik Machining Solutions’ division Dormer Pramet, within the business area Sandvik Manufacturing and Machining Solutions.
Stockholm, 23 December 2020
Sandvik AB
For further information, contact Louise Tjeder, Vice President Investor Relations, phone: +46 (0) 70 782 63 74 or Edvard Bergström, Vice President Communications Relations and Productions, +46 (0) 70 993 83 11.
Sandvik completes the acquisition of Miranda Tools’ business (PDF)
Collated according to customs data,In October 2024, China's import and export trade volume of construction machinery was 48.$4.1 billion,Year-on-year growth of 24.2%。Among:Imports 2.$3.3 billion,Year-on-year growth of 33.1%;Exports 46.$0.8 billion
Guangxi Cummins,Zan 8 Review of past issues
November 20,Party Secretary of Shandong Heavy Industry Group、Chairman Man Shengang Meets with ZF Group Board Members、Peter, Head of Commercial Vehicle Solutions and Industrial Technology·Lyle,The two sides exchanged views on further deepening st
November twenty sixth-The 29th, bauma CHINA 2024 Yingxuan Heavy Industry Booth W5.511 Look forward to your visit. Witness the glory of construction machinery industry with us! ▌Plea
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