Announcement • Apr 30
Sandvik AB (Publ) Appoints Patrick Murphy as President of Business Area Mining and New Member of the Sandvik Group Executive Management, Effective July 1, 2026 Sandvik AB (publ) has appointed Patrick Murphy as President of business area Mining and new member of the Sandvik Group Executive Management, effective July 1, 2026. He succeeds Mats Eriksson, who as previously announced is stepping down from the role ahead of his planned retirement in 2027. Patrick Murphy is currently President of the Rotary Drilling division within Mining. Patrick Murphy, born in 1976, is a Canadian national. He joined Sandvik in 2001 and has a strong background from various roles within the Mining business area, working in Canada, Australia, India, Finland and the United States. Prior to his current role as President Rotary Drilling, he headed the Underground Drilling division as well as the Rock Drills and Technologies division. Announcement • Apr 28
Sandvik AB (publ) Approves Dividend, Payable on May 6, 2026 Sandvik AB (publ) at its AGM held on April 28, 2026, resolved pursuant to the Board's proposal on a dividend of SEK 6.00 per share. The record day for payment of the dividend was set at April 30, 2026. The dividend is expected to be paid by Euroclear on May 6, 2026. Announcement • Apr 09
Sandvik AB (publ) (OM:SAND) acquired 80% stake in K&Y Diamond Ltd. Sandvik AB (publ) (OM:SAND) acquired 80% stake in K&Y Diamond Ltd. on April 9, 2026.
Sandvik AB (publ) (OM:SAND) completed the acquisition of 80% stake in K&Y Diamond Ltd. on April 9, 2026. Announcement • Feb 13
Sandvik AB (publ) (OM:SAND) signed an agreement to agreement to acquire ThoroughTec Simulation (Pty) Ltd. Sandvik AB (publ) (OM:SAND) signed an agreement to agreement to acquire ThoroughTec Simulation (Pty) Ltd. on February 12, 2026. ThoroughTec will be reported in Parts and Services, a division within business area Mining.
For the period ending December 31, 2025, ThoroughTec Simulation (Pty) Ltd. reported total revenue of SEK 170 million.
The transaction is subject to customary regulatory approvals and is expected to close during second quarter of 2026. Announcement • Sep 17
Sandvik AB (publ), Annual General Meeting, Apr 28, 2026 Sandvik AB (publ), Annual General Meeting, Apr 28, 2026. Location: sandviken Sweden Announcement • Jul 02
Sandvik AB (publ) (OM:SAND) completed the acquisition of Osa Demolition Equipment S.R.L. Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Osa Demolition Equipment S.R.L. on April 4, 2025. As part of the acquisition, OSA will be reported as a business unit within the Attachment Tools division in the business area Sandvik Rock Processing Solutions.
For the period ending December 31, 2024, Osa Demolition Equipment S.R.L. reported total revenue of SEK 150 million. The transaction is expected to close during the third quarter of 2025, subject to customary regulatory approvals.
Claudio Di Falco of Norton Rose Fulbright Studio Legale acted as legal advisor to Sandvik AB (publ). Diego Rigatti and Niccolò Massimo Gruppi of Fieldfisher Italyacted as legal advisor to Osa Demolition Equipment S.R.L.
Sandvik AB (publ) (OM:SAND) completed the acquisition of Osa Demolition Equipment S.R.L. on July 1, 2025. Announcement • Jun 03
Sandvik AB (publ) (OM:SAND) completed the acquisition of Verisurf Software, Inc. Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Verisurf Software, Inc. on March 10, 2025. After the completion of the transaction Verisurf Software, Inc. will be reported as a separate business unit within business area Sandvik Manufacturing and Machining Solutions. For the period ending December 31, 2024, Verisurf Software, Inc. reported total revenue of $12 million. The transaction is expected to close during the second quarter of 2025 and is subject to customary regulatory approvals.
Sandvik AB (publ) (OM:SAND) completed the acquisition of Verisurf Software, Inc. on June 3, 2025. Announcement • Apr 29
Sandvik AB (Publ) Approves Dividend, Payable on May 7, 2025 Sandvik AB (publ) at its Annual General Meeting held on April 29, 2025, approved a dividend of SEK 5.75 per share. The record day for payment of the dividend was set at May 2, 2025. The dividend is expected to be paid by Euroclear on May 7, 2025. Announcement • Apr 15
Sandvik AB (Publ) Appoints Johanna Kreft as Executive Vice President and General Counsel, Effective October 13, 2025 Sandvik has appointed Johanna Kreft as Executive Vice President and General Counsel, effective October 13, 2025. Johanna Kreft, who currently holds the equivalent position at Alleima, will also be a member of the Sandvik Group Executive Management. Johanna Kreft, born in 1976, has a long background from within Sandvik spanning over 15 years. Before the spinoff of Sandvik Materials Technology (SMT) as Alleima from Sandvik in 2022, she was Business Area General Counsel for SMT. Her previous roles also include Chief Legal Counsel for SMT as well as Legal Counsel for Sandvik AB. She replaces Åsa Thunman, who as previously announced is leaving Sandvik for a similar position at the Swedish project development and construction group Skanska. Announcement • Mar 11
Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Verisurf Software, Inc. Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Verisurf Software, Inc. on March 10, 2025. After the completion of the transaction Verisurf Software, Inc. will be reported as a separate business unit within business area Sandvik Manufacturing and Machining Solutions. For the period ending December 31, 2024, Verisurf Software, Inc. reported total revenue of $12 million. The transaction is expected to close during the second quarter of 2025 and is subject to customary regulatory approvals. Announcement • Jan 23
Sandvik AB (publ) to Report Fiscal Year 2024 Results on Mar 10, 2025 Sandvik AB (publ) announced that they will report fiscal year 2024 results on Mar 10, 2025 Announcement • Jan 10
Sandvik AB (Publ) Announces Åsa Thunman, Executive Vice President and General Counsel Decides to Leave , Effective No Later Than July 8, 2025 Sandvik AB (publ) announced that Åsa Thunman, Executive Vice President and General Counsel of Sandvik, has decided to leave Sandvik for a corresponding position at the Swedish project development and construction group Skanska. Åsa Thunman, who has been in her current position and a member of the Group Executive Management since 2014, will leave Sandvik no later than July 8, 2025. A recruitment process to find a successor will now be initiated. Announcement • Sep 25
Sandvik AB (publ), Annual General Meeting, Apr 29, 2025 Sandvik AB (publ), Annual General Meeting, Apr 29, 2025. Location: sandviken, Sweden Announcement • Sep 24
Sandvik AB (Publ) Announces Appointments to Nomination Committee for the 2025 Annual General Meeting Sandvik AB (Publ) announced that the nomination committee has now been appointed and consists of the following members: Fredrik Lundberg, AB Industrivärden, Chairman of the Nomination Committee, Daniel Kristiansson, Alecta, Marianne Nilsson, Swedbank Robur Funds, Lars Pettersson, Lundbergs and Johan Molin, Sandvik's Chairman of the Board. The Nomination Committee shall prepare proposals for the 2025 Annual General Meeting regarding the Chairman of the Meeting, number of Board members, fees to be paid to each of the Board members, election of Board members and Board Chairman, remuneration to the auditor and election of auditor and, if necessary, proposal for changes in the instruction to the Nomination Committee. Announcement • Aug 21
Metso Comments on Market Rumors Market rumors have been made public regarding Metso Oyj (HLSE:METSO) and Swedish Sandvik AB (publ) (OM:SAND)'s mining business. Metso has no information related to the speculations and no related insider project exists. Announcement • Aug 20
Metso Dismisses Speculations over Deal with Sandvik Finnish industrial machinery firm Metso Oyj (HLSE:METSO) denied on August 20, 2024 a media report which suggested that it could merge its mining equipment operations with those of Swedish engineering group Sandvik AB (publ) (OM:SAND) as the move was requested by major shareholders. “Metso has no information related to the speculations and no related insider project exists,” the Finnish firm said. Further details were not disclosed. The statement was issued after Swedish business daily Dagens Industri reported over the weekend that Metso management was considering a potential transaction with Sandvik. Announcement • Mar 20
Jennifer Allerton Declines Re-Election as Board Member of Sandvik AB (publ) Jennifer Allerton has declined re-election as board member of Sandvik AB (publ), at its AGM to be held on April 29, 2024. Announcement • Feb 02
Sandvik AB (publ) (OM:SAND) acquired Pro-Micron Gmbh. Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Pro-Micron Gmbh on December 28, 2023.Sandvik AB (publ) (OM:SAND) completed the acquisition of Pro-Micron Gmbh on February 2, 2024. Announcement • Feb 01
Sandvik AB (publ) to Report Fiscal Year 2023 Results on Mar 13, 2024 Sandvik AB (publ) announced that they will report fiscal year 2023 results on Mar 13, 2024 Announcement • Jan 24
Jennifer Allerton Declines Re-Election as Board Member of Sandvik AB (publ) Sandvik AB (publ) announced that Board member, Jennifer Allerton has declined re-election for the 2024 Annual General Meeting to be held on April 29, 2024. Announcement • Nov 05
Sandvik AB (publ) (OM:SAND) acquired Esco Gmbh. Sandvik AB (publ) (OM:SAND) signed an agreement to acquire Esco Gmbh on October 26, 2023. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. For FY ended 2022, Esco had generated revenues of about SEK 14 million and had around 17 employees.Sandvik AB (publ) (OM:SAND) completed the acquisition of Esco Gmbh on November 3, 2023. Announcement • Feb 12
Christophe Sut, President of Sandvik Manufacturing Solutions, to Leave Sandvik as of August 11, 2023 Christophe Sut, President of Business Area segment Sandvik Manufacturing Solutions, has decided to leave Sandvik for a CEO position in a different company. He will leave Sandvik as of August 11, 2023. The process to find a successor will now be initiated. Announcement • Feb 03
Sandvik AB (publ) (OM:SAND) acquired 95% stake in Pmt Premier Machine Tools Limited. Sandvik AB (publ) (OM:SAND) acquired 95% stake in Pmt Premier Machine Tools Limited on February 1, 2023. PMT Premier Machine generated revenues of approximately SEK 120 million for the year ended 2022. The Pmt Premier Machine Tools Limited will be reported within Seco, a division within Sandvik Manufacturing and Machining Solutions.
Sandvik AB (publ) (OM:SAND) completed the acquisition of 95% stake in Pmt Premier Machine Tools Limited on February 1, 2023. Announcement • Feb 02
Sandvik AB (publ) (OM:SAND) completed the acquisition of Polymathian Pty Ltd. Sandvik AB (publ) (OM:SAND) entered into an agreement to acquire Polymathian Pty Ltd for SEK 1.1 billion on November 12, 2022. Polymathian will be reported in Digital Mining Technologies, a division within business area Sandvik Mining and Rock Solutions. Polymathian will be a part of Business Unit Deswik and remain OEM (Original Equipment Manufacturer) agnostic. Polymathian's annual revenues per June 2022 were around SEK 100 million. The EBITA margin is approximately 40 percent and impact on Sandvik's earnings per share (excluding PPA) will be accretive. The transaction is expected to close during the first quarter of 2023. Lyndon Masters and Sara de Haan of DLA Piper Australia Pty Ltd acted as legal advisor to Polymathian Pty Ltd. and sell side PricewaterhouseCoopers Australia acted as accountant to Polymathian Pty Ltd.
Sandvik AB (publ) (OM:SAND) completed the acquisition of Polymathian Pty Ltd on February 1, 2023. Announcement • Jan 20
Sandvik AB (publ) Proposes Dividend Sandvik AB (publ) Proposed dividend per share SEK 5.00 (SEK 4.75). Announcement • Apr 21
Sandvik AB (publ) to Report Q4, 2022 Results on Jan 20, 2023 Sandvik AB (publ) announced that they will report Q4, 2022 results on Jan 20, 2023