PR Newswire
SANDVIKEN, Sweden , Oct. 18, 2021 /PRNewswire/ -- Sandvik has completed the previously announced acquisistion of US-based Cambrio, a leading company with a portfolio in CAD/CAM software for manufacturing industries like automotive, transportation, energy, medical and aerospace.
In 2020, Cambrio had revenues of about SEK 628 million ( 68 million USD ) with an EBIT margin slightly dilutive to Sandvik Manufacturing and Machining Solutions. Impact on Sandvik's earnings per share will be positive.
Cambrio will be reported in the Design & Planning Automation division within Sandvik Manufacturing and Machining Solutions.
For further information, contact Louise Tjeder , VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
Sandvik completes the acquisition of leading CAM software company Cambrio |
SOURCE Sandvik