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Sandvik completed the acquisition of Deswik.

Synopsis

Sandvik, an engineering company, completed the acquisition of Deswik, a provider of mine planning software. Financial terms were not disclosed. “I am very pleased that we continue to execute on our shift to growth strategy, and continue to broaden our offering with digital solutions that increase productivity in the customer’s value chain. Mine planning and operations management is a key growth opportunity, and this complementary acquisition and our new Digital Mining Technologies Division will strengthen our digital offering and enable us to provide customers a more comprehensive suite of technologies,” Stefan Widing, Sandvik President and CEO.

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