Sandvik completes acquisition of Metso Powdermet AB

Sandvik announced on 23 November, 2006, that it had reached an agreement with the Finnish Metso Corporation covering the acquisition of Metso Powdermet AB. The acquisition was expected to be completed prior to the end of 2006.

This acquisition was now completed on 29 December, 2006 in line with the plan.

Sandviken, 2 January 2007

Sandvik AB; (publ)

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Sandvik Group Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining and construction industries; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2017, the Group had approximately 43,000 employees and sales of 91 billion SEK in more than 150 countries within continuing operations.


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