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Sandvik completed the acquisition of Accuratech Group.

Synopsis

Sandvik, a Swedish multinational engineering company, completed the acquisition of Accuratech Group, a niched medical wire forming and component manufacturer. Financial terms were not disclosed. “The medical sector is one of Sandvik Materials Technology’s defined areas of growth, and through this acquisition we are strengthening our position by adding wire forming and component manufacturing capabilities. The geographical footprint of Accuratech will increase our ability to support our customers in EMEA," Göran Björkman, Sandvik President.

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