STOCK TITAN

Sandvik acquires three US-based CAM resellers and CIMCO's probing technology and post processor business

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)

Sandvik (SDVKY) has announced multiple strategic acquisitions to strengthen its position in the Computer Aided Manufacturing (CAM) market. The company has acquired three US-based Mastercam network resellers: Barefoot CNC (North Carolina), CAD/CAM Solutions (Georgia), and CamTech Engineering Services (Florida).

Additionally, Sandvik has acquired the probing and post processor business lines from Denmark-based CIMCO Group. The CIMCO acquisition includes probing technology for CNC machines and post processor technology for translating Mastercam output into machine-specific code.

The acquisitions, which will be reported under Sandvik Manufacturing and Machining Solutions, bring 18 new employees to Mastercam. The combined annual revenue of the acquired businesses was approximately USD 6 million in 2024. The transactions are expected to have a slightly positive impact on Sandvik's EBITA margin and earnings per share.

Sandvik (SDVKY) ha annunciato diverse acquisizioni strategiche per rafforzare la sua posizione nel mercato della Produzione Assistita da Computer (CAM). L'azienda ha acquisito tre rivenditori della rete Mastercam con sede negli Stati Uniti: Barefoot CNC (Carolina del Nord), CAD/CAM Solutions (Georgia) e CamTech Engineering Services (Florida).

Inoltre, Sandvik ha acquisito le linee di business di probing e post processor dalla danese CIMCO Group. L'acquisizione di CIMCO include tecnologia di probing per macchine CNC e tecnologia di post processor per tradurre l'output di Mastercam in codice specifico per macchina.

Le acquisizioni, che saranno riportate sotto Sandvik Manufacturing and Machining Solutions, portano 18 nuovi dipendenti a Mastercam. Il fatturato annuale combinato delle aziende acquisite era di circa 6 milioni di USD nel 2024. Si prevede che le transazioni avranno un impatto leggermente positivo sul margine EBITA e sugli utili per azione di Sandvik.

Sandvik (SDVKY) ha anunciado múltiples adquisiciones estratégicas para fortalecer su posición en el mercado de Fabricación Asistida por Computadora (CAM). La empresa ha adquirido tres revendedores de la red Mastercam con sede en EE.UU.: Barefoot CNC (Carolina del Norte), CAD/CAM Solutions (Georgia) y CamTech Engineering Services (Florida).

Además, Sandvik ha adquirido las líneas de negocio de sondeo y postprocesador del danés CIMCO Group. La adquisición de CIMCO incluye tecnología de sondeo para máquinas CNC y tecnología de postprocesador para traducir la salida de Mastercam en código específico para máquinas.

Las adquisiciones, que se informarán bajo Sandvik Manufacturing and Machining Solutions, aportan 18 nuevos empleados a Mastercam. Los ingresos anuales combinados de las empresas adquiridas fueron aproximadamente 6 millones de USD en 2024. Se espera que las transacciones tengan un impacto ligeramente positivo en el margen EBITA y en las ganancias por acción de Sandvik.

샌드빅 (SDVKY)는 컴퓨터 지원 제조(CAM) 시장에서의 입지를 강화하기 위해 여러 전략적 인수를 발표했습니다. 이 회사는 미국에 본사를 둔 마스터캠 네트워크 리셀러 세 곳인 Barefoot CNC (노스캐롤라이나), CAD/CAM Solutions (조지아), CamTech Engineering Services (플로리다)를 인수했습니다.

또한, 샌드빅은 덴마크에 본사를 둔 CIMCO Group의 프로빙 및 포스트 프로세서 사업 부문을 인수했습니다. CIMCO 인수에는 CNC 기계를 위한 프로빙 기술과 마스터캠 출력을 기계별 코드로 변환하는 포스트 프로세서 기술이 포함됩니다.

이번 인수는 샌드빅 제조 및 가공 솔루션 부문 아래 보고되며, 마스터캠에 18명의 새로운 직원을 추가합니다. 인수된 사업체의 연간 총 수익은 2024년에 약 600만 달러였습니다. 이 거래는 샌드빅의 EBITA 마진과 주당 수익에 약간 긍정적인 영향을 미칠 것으로 예상됩니다.

Sandvik (SDVKY) a annoncé plusieurs acquisitions stratégiques pour renforcer sa position sur le marché de la Fabrication Assistée par Ordinateur (CAM). L'entreprise a acquis trois revendeurs du réseau Mastercam basés aux États-Unis : Barefoot CNC (Caroline du Nord), CAD/CAM Solutions (Géorgie) et CamTech Engineering Services (Floride).

De plus, Sandvik a acquis les lignes de produits de sondage et de post-traitement du danois CIMCO Group. L'acquisition de CIMCO comprend une technologie de sondage pour les machines CNC et une technologie de post-traitement pour traduire la sortie de Mastercam en code spécifique à la machine.

Les acquisitions, qui seront rapportées sous Sandvik Manufacturing and Machining Solutions, apportent 18 nouveaux employés à Mastercam. Le chiffre d'affaires annuel combiné des entreprises acquises était d'environ 6 millions USD en 2024. Les transactions devraient avoir un impact légèrement positif sur la marge EBITA et le bénéfice par action de Sandvik.

Sandvik (SDVKY) hat mehrere strategische Akquisitionen angekündigt, um seine Position im Markt für computerunterstützte Fertigung (CAM) zu stärken. Das Unternehmen hat drei US-amerikanische Mastercam-Netzwerk-Reseller übernommen: Barefoot CNC (North Carolina), CAD/CAM Solutions (Georgia) und CamTech Engineering Services (Florida).

Darüber hinaus hat Sandvik die Bereiche Probing und Postprozessor von der dänischen CIMCO Group übernommen. Die CIMCO-Akquisition umfasst Probing-Technologie für CNC-Maschinen und Postprozessor-Technologie zur Übersetzung von Mastercam-Ausgaben in maschinenspezifischen Code.

Die Akquisitionen, die unter Sandvik Manufacturing and Machining Solutions gemeldet werden, bringen 18 neue Mitarbeiter zu Mastercam. Der kombinierte Jahresumsatz der übernommenen Unternehmen betrug im Jahr 2024 etwa 6 Millionen USD. Es wird erwartet, dass die Transaktionen einen leicht positiven Einfluss auf die EBITA-Marge und den Gewinn pro Aktie von Sandvik haben werden.

Positive
  • Strategic expansion in Southeast US CAM market
  • Acquisition of advanced probing and post-processing technology
  • Positive impact on EBITA margin and EPS
  • Strengthened digital manufacturing capabilities
Negative
  • Relatively small revenue contribution (USD 6M)

STOCKHOLM, March 3, 2025 /PRNewswire/ -- Sandvik has acquired three US-based resellers of Computer Aided Manufacturing (CAM) solutions in the Mastercam network, Barefoot CNC, CAD/CAM Solutions and CamTech Engineering Services. Additionally, Sandvik has acquired the probing and post processor business lines of CIMCO Group, a Denmark-based developer of software solutions for computer-integrated manufacturing.   

With these businesses, Sandvik continues to strengthen its position in the CAM market and further builds on its capabilities to serve customers and expand the customer base. The acquisitions will be a part of business unit Mastercam and will be reported within business area Sandvik Manufacturing and Machining Solutions.  

"These acquisitions strengthen our regional presence and our ability to help our customers, and they support our strategy to grow within digital manufacturing," says Stefan Widing, President and CEO of Sandvik.  

The acquired resellers serve manufacturing customers in the Southeast region of the US. Barefoot CNC is headquartered in Morganton, North Carolina, CAD/CAM Solutions is headquartered in Monroe, Georgia and CamTech Engineering Services is headquartered in Port Orange, Florida. CIMCO's probing technology is a comprehensive probing solution for CNC machines, enabling direct touch probe programming within Mastercam. CIMCO's post processor technology comprises software tools that translate Mastercam's output into machine-specific code, ensuring seamless execution on CNC machines.   

A total of 18 employees will transfer to Mastercam as a result of the acquisitions. The acquired businesses had a combined annual revenue, net, of around USD 6 million in 2024. The impact on Sandvik's EBITA margin and earnings per share will be slightly positive. The parties have agreed not to disclose the purchase price.   

Stockholm, March 3, 2025

Sandvik AB

For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sandvik/r/sandvik-acquires-three-us-based-cam-resellers-and-cimco-s-probing-technology-and-post-processor-busi,c4113053

The following files are available for download:

https://mb.cision.com/Main/208/4113053/3297403.pdf

Sandvik acquires three US-based CAM resellers and CIMCO probing technology and post processor business

Cision View original content:https://www.prnewswire.com/news-releases/sandvik-acquires-three-us-based-cam-resellers-and-cimcos-probing-technology-and-post-processor-business-302390362.html

SOURCE Sandvik

FAQ

What is the total revenue of the businesses acquired by Sandvik (SDVKY) in these transactions?

The acquired businesses had a combined annual revenue of approximately USD 6 million in 2024.

How many employees will join Mastercam following Sandvik's (SDVKY) acquisitions?

A total of 18 employees will transfer to Mastercam as a result of the acquisitions.

What technology did Sandvik (SDVKY) acquire from CIMCO Group?

Sandvik acquired CIMCO's probing technology for CNC machines and post processor technology for translating Mastercam output into machine-specific code.

Which US regions are covered by the CAM resellers acquired by Sandvik (SDVKY)?

The acquired resellers serve manufacturing customers in the Southeast region of the US, with locations in North Carolina, Georgia, and Florida.

What is the expected impact of these acquisitions on Sandvik's (SDVKY) financial performance?

The acquisitions are expected to have a slightly positive impact on Sandvik's EBITA margin and earnings per share.
Sandvik Ab

OTC:SDVKY

SDVKY Rankings

SDVKY Latest News

SDVKY Stock Data

28.92B
1.25B
0.01%
Specialty Industrial Machinery
Industrials
Link
Sweden
Stockholm