Sandvik to acquire screens and feeders manufacturer Kwatani
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SANDVIKEN, Sweden, May 7, 2021 /PRNewswire/ Sandvik has signed a deal to acquire the South African based company Kwatani, a leading supplier of screens and feeders for the mining industry. The product offering includes screens, feeders, fine separators, drives and services. The company will be reported in Stationary Crushing and Screening, a division in Sandvik Rock Processing Solutions. I am pleased that we are continuing to execute on our strategy to grow through acquisitions and at the same time strengthening our position in rock processing. I look forward to welcome Kwatani to our Group, says Stefan Widing, President and CEO of Sandvik.
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The product offering includes screens, feeders, fine separators, drives and services. The company will be reported in Stationary Crushing and Screening, a division in Sandvik Rock Processing Solutions.
“I am pleased that we are continuing to execute on our strategy to grow through acquisitions and at the same time strengthening our position in rock processing. I look forward to welcome Kwatani to our Group,” says Stefan Widing, President and CEO of Sandvik.
The acquisition of Kwatani, which is the first since the Sandvik Rock Processing Solutions business area was established at the beginning of 2021, will expand Sandvik’s equipment range and complement the existing aftermarket product and services portfolio.
Sandvik s Annual General Meeting 2021
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SANDVIKEN, Sweden, April 27, 2021 /PRNewswire/ Sandvik AB s Annual General Meeting was held on 27 April 2021.
In view of the COVID-19 pandemic, the Annual General Meeting was conducted without the physical presence of shareholders, representatives and third parties, and shareholders were only entitled to exercise their voting rights by postal voting before the Meeting. The Company arranged an on-line event the day before the Annual General Meeting to give shareholders the possibility to listen to presentations by President and CEO Stefan Widing and Chairman of the Board Johan Molin and ask them questions. A recording of these presentations will be made available on the Company s website home.sandvik.
Sandvik provides proforma numbers for Sandvik Mining and Rock Solutions and Sandvik Rock Processing Solutions
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SANDVIKEN, Sweden, March 17, 2021 /PRNewswire/ On October 16, 2020, Sandvik announced that a decision had been made to establish a new business area: Sandvik Rock Processing Solutions (SRP), consisting of the Crushing and Screening division, which previously was part of the business area Sandvik Mining and Rock Technology. At the same time, it was announced that Sandvik Mining and Rock Technology would change name to Sandvik Mining and Rock Solutions (SMR). The new structure was effective on January 1, 2021.
Tina McKenzie
Sandvik Rock Processing Solutions operates in areas traditionally dominated by men, such as engineering, manufacturing and mining. Increasing the number of women in leading positions is high on the agenda since a diverse workplace has been shown to affect a company’s bottom line and improve its ability to attract and retain talent.
Following the recent business accolade, Sandvik Mobile Crushers and Screens have become the first engineering manufacturer in Northern Ireland (NI) to be awarded the Bronze Diversity Mark for commitment to Diversity and Inclusion in the workplace. We can all choose to challenge and call out gender bias and inequality.