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Announced

Sandvik to acquire Osa Demolition Equipment.

Synopsis

Sandvik, a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, to acquire Osa Demolition Equipment, an Italy-based manufacturer of demolition tools and hydraulic hammers. Financial terms were not disclosed. "This acquisition is a step in our strategy to expand in attractive niches within Sandvik Rock Processing Solutions. We look forward to welcome OSA to the Group," Stefan Widing, Sandvik President and CEO.

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