Announced
Completed
Financials
Tags
mining
Majority
Friendly
Cross Border
General Mining
Private
Acquisition
Germany
Single Bidder
Completed
Synopsis
Sandvik, an engineering group, completed the acquisition of the mining part of Schenck Process Group, a measuring and process technology provider. Financial terms were not disclosed. "SP Mining's proven range of high-capacity screens and feeders will complement the Sandvik product range and enhance our position among key customer groups within mining rock processing. The transaction also gives Sandvik access to a broadened screening media offering, which will add significant potential to our aftermarket business", Anders Svensson, Sandvik Rock Processing Solutions President.
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