SDVKY - Sandvik completes the acquisition of pro-micron GmbH

PR Newswire

STOCKHOLM , Feb. 2, 2024 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of pro-micron GmbH, a German-based supplier of sensorised tools and automation software. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions.

Pro-micron, founded in 2002 has around 56 employees and is headquartered in Kaufbeuren, Bavaria, Germany . In 2022, the company generated revenues of about SEK 88 million . The impact on Sandvik's EBITA margin and earnings per share will be limited.

Stockholm , February 2, 2024
Sandvik AB

For further information, contact
Louise Tjeder ,
VP Investor relations,
phone: +46 (0) 70782 6374

Johannes Hellström,
Press and Media Relations Manager,
phone: +46 (0) 70721 1008

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SOURCE Sandvik