Sandvik completes the acquisition of Almü
Sandvik has finalized the acquisition of Almü, a Germany-based cutting tools and solutions provider. Almü, founded in 1978, has 44 employees and generated approximately 6 MEUR in revenues in 2022. The acquisition will be reported in Sandvik Coromant, impacting Sandvik's EBITA margin and earnings per share minimally.
Acquisition of a cutting tools and solutions provider expanding Sandvik's portfolio
Almü's established presence and expertise in high-precision drilling, reaming, milling, and tooling systems
impact on Sandvik's EBITA margin and earnings per share due to the acquisition
Almü was founded in 1978, has 44 employees, and is headquartered in Zell unter Aichelberg,
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-completes-the-acquisition-of-almu,c3972799
The following files are available for download:
Sandvik completes the acquisition of Almü |
View original content:https://www.prnewswire.com/news-releases/sandvik-completes-the-acquisition-of-almu-302135514.html
SOURCE Sandvik
FAQ
What is the recent acquisition Sandvik completed?
When was Almü founded?
How many employees does Almü have?
Where is Almü headquartered?
What were Almü's revenues in 2022?
