Announced
Completed
Synopsis
Sandvik, an engineering group in mining and rock excavation, metal-cutting, and materials technology, completed the acquisition of Allied Construction Products, a US distributor of hydraulic hammers to the construction and mining industries and manufacturer of compactor plates and mounting brackets. Financial terms were not disclosed. The acquisition of Allied establishes an enhanced sales, service and support platform for the growing North American customer base. It also enables Sandvik to expand the existing dealer network into new regions and to penetrate new customer segments with a broader product offering. Allied will obtain additional strength and access to modern technology.
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