Sandvik to acquire Universal Field Robots
Sandvik (SDVKY) has signed an agreement to acquire Universal Field Robots (UFR), an Australia-based provider of autonomous interoperable solutions for mining markets. UFR's portfolio, built on a common autonomy platform, complements Sandvik's automation offering with OEM-agnostic robotic solutions for various mining equipment. This acquisition will expand Sandvik's addressable market and strengthen its AutoMine® platform's position. UFR, with about 40 employees and headquartered in Brisbane, generated revenues of approximately SEK 80 million in the financial year ending June 2024. The transaction is expected to close in Q4 2024, with a positive impact on Sandvik's earnings per share. The purchase price was not disclosed.
Sandvik (SDVKY) ha firmato un accordo per acquisire Universal Field Robots (UFR), un fornitore australiano di soluzioni autonome interoperabili per i mercati minerari. Il portafoglio di UFR, basato su una piattaforma di autonomia comune, completa l'offerta di automazione di Sandvik con soluzioni robotiche indipendenti dai produttori per vari equipaggiamenti minerari. Questa acquisizione espanderà il mercato indirizzabile di Sandvik e rafforzerà la posizione della sua piattaforma AutoMine®. UFR, con circa 40 dipendenti e sede a Brisbane, ha generato ricavi di circa 80 milioni di SEK nell'anno finanziario che termina a giugno 2024. Si prevede che la transazione si concluda nel quarto trimestre del 2024, con un impatto positivo sugli utili per azione di Sandvik. Il prezzo di acquisto non è stato reso noto.
Sandvik (SDVKY) ha firmado un acuerdo para adquirir Universal Field Robots (UFR), un proveedor australiano de soluciones autónomas interoperables para el mercado minero. El portafolio de UFR, basado en una plataforma de autonomía común, complementa la oferta de automatización de Sandvik con soluciones robóticas independientes del fabricante para diversos equipos mineros. Esta adquisición expandirá el mercado accesible de Sandvik y fortalecerá la posición de su plataforma AutoMine®. UFR, con aproximadamente 40 empleados y con sede en Brisbane, generó ingresos de aproximadamente 80 millones de SEK en el año financiero que termina en junio de 2024. Se espera que la transacción se cierre en el cuarto trimestre de 2024, con un impacto positivo en las ganancias por acción de Sandvik. No se divulgó el precio de compra.
샌드빅(SDVKY)은 호주 기반의 채굴 시장을 위한 자율적인 상호운용 솔루션을 제공하는 유니버설 필드 로봇(UFR)을 인수하기 위한 계약을 체결했습니다. UFR의 포트폴리오 는 통합된 자율성 플랫폼에 기반하여 샌드빅의 자동화 제공을 제조사에 구애받지 않는 로봇 솔루션으로 보완합니다. 이번 인수는 샌드빅의 접근 가능한 시장을 확장하고 AutoMine® 플랫폼의 입지를 강화할 것입니다. 브리즈번에 본사를 두고 약 40명의 직원을 둔 UFR은 2024년 6월 종료되는 회계연도에 약 8000만 SEK의 수익을 올렸습니다. 거래는 2024년 4분기에 마무리될 것으로 예상되며, 샌드빅의 주당 순이익에 긍정적인 영향을 미칠 것입니다. 구매 가격은 공개되지 않았습니다.
Sandvik (SDVKY) a signé un accord pour acquérir Universal Field Robots (UFR), un fournisseur basé en Australie de solutions autonomes interoperables pour le marché minier. Le portefeuille d'UFR, construit sur une plateforme d'autonomie commune, complète l'offre d'automatisation de Sandvik avec des solutions robotiques indépendantes du fabricant pour divers équipements miniers. Cette acquisition élargira le marché adressable de Sandvik et renforcera la position de sa plateforme AutoMine®. UFR, avec environ 40 employés et basée à Brisbane, a généré des revenus d'environ 80 millions de SEK pour l'exercice financier se terminant en juin 2024. La transaction devrait se clôturer au quatrième trimestre 2024, avec un impact positif sur les bénéfices par action de Sandvik. Le prix d'achat n'a pas été divulgué.
Sandvik (SDVKY) hat eine Vereinbarung zur Übernahme von Universal Field Robots (UFR) unterzeichnet, einem in Australien ansässigen Anbieter von autonomen interoperablen Lösungen für den Bergbau. Das Portfolio von UFR, das auf einer gemeinsamen Autonomieplattform basiert, ergänzt das Automatisierungsangebot von Sandvik um herstellerunabhängige Robotiklösungen für verschiedene Bergbaugeräte. Diese Akquisition wird den adressierbaren Markt von Sandvik erweitern und die Position der AutoMine®-Plattform stärken. UFR, mit etwa 40 Mitarbeitern und mit Sitz in Brisbane, generierte im Geschäftsjahr, das im Juni 2024 endet, Einnahmen von etwa 80 Millionen SEK. Es wird erwartet, dass die Transaktion im 4. Quartal 2024 abgeschlossen wird, mit einer positiven Auswirkung auf den Gewinn pro Aktie von Sandvik. Der Kaufpreis wurde nicht bekannt gegeben.
- Expansion of Sandvik's addressable market in mining automation
- Strengthening of Sandvik AutoMine® platform's market position
- Addition of OEM-agnostic robotic solutions to Sandvik's portfolio
- Positive impact expected on Sandvik's earnings per share
- Complementary technology to enhance Sandvik's existing automation offerings
- impact on Sandvik's EBITA margin
- Undisclosed purchase price, potentially affecting transparency for investors
UFR's solution portfolio is built on a common autonomy platform, which is a strong complement to Sandvik's automation offering and includes OEM (Original Equipment Manufacturer) agnostic robotic and autonomous solutions for trucks, loaders and auxiliary equipment. The acquisition will help to increase the addressable market for Sandvik and further strengthens the market position of Sandvik AutoMine® - the world's leading mining automation platform. Adding to the AutoMine® platform's existing capabilities to integrate third party equipment, UFR will significantly expand the number of compatible third-party equipment types, providing customers with flexible opportunities to optimize the performance of their full mining equipment fleets, regardless of the OEM.
"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," says Stefan Widing, President and CEO of Sandvik.
UFR has approximately 40 employees and is headquartered in
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-to-acquire-universal-field-robots,c4028692
The following files are available for download:
Sandvik to acquire Universal Field Robots |
View original content:https://www.prnewswire.com/news-releases/sandvik-to-acquire-universal-field-robots-302231303.html
SOURCE Sandvik
FAQ
What company is Sandvik (SDVKY) acquiring?
How will the acquisition of UFR affect Sandvik's (SDVKY) market position?
What was UFR's revenue in the last financial year before the acquisition by Sandvik (SDVKY)?
When is the Sandvik (SDVKY) acquisition of Universal Field Robots expected to close?
How will the acquisition of UFR impact Sandvik's (SDVKY) earnings per share?
