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Announced

Completed

Sandvik completed the acquisition of Tricon Drilling Solutions.

Synopsis

Sandvik, an engineering company, completed the acquisition of Tricon Drilling Solutions, a drilling equipment supplier. Financial terms were not disclosed. “I am pleased that we continue to deliver on our active acquisition agenda, and I look forward to welcoming Tricon to Sandvik,” Henrik Ager, Sandvik President.

Principals

Tricon Drilling Solutions

target

Tricon Drilling Solutions

Sandvik

bidder

Sandvik

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Market Context

Dealmakers (3)

Service Providers

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Henrik Ager

Henrik Ager

ManagerPresident of Sandvik Mining and Rock Solutions at SANDVIK AB
Deal Bio
Total Deals
3/
Total Value
£847M
Jens Holmberg

Jens Holmberg

ManagerPresident at SANDVIK AB
Deal Bio
Total Deals
1/
Total Value
value n/a
Scott Gillam

Scott Gillam

ManagerCEO at TRICON DRILLING SOLUTIONS
Deal Bio
Total Deals
1/
Total Value
value n/a

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