Announced
Completed
Synopsis
Sandvik, a Swedish multinational engineering company, completed the acquisition of Universal Field Robots, a fast-growing Australia-based provider of autonomous interoperable solutions for the surface mining and underground mining markets. Financial terms were not disclosed. “Universal Field Robots is an important strategic addition to Sandvik Mining and Rock Solutions, which will strengthen our growth potential and provide key capabilities in the development of our mining automation solutions portfolio going forward,” Stefan Widing, Sandvik President and CEO.
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