Sandvik strengthens position in electrical vehicles with acquisition of software supplier esco GmbH
Sandvik has signed an agreement to acquire esco GmbH engineering solutions consulting, a German-based supplier of software for power skiving, an important technology within gear machining. Esco’s software solutions supports design, production and quality inspection in the main area of gear manufacturing. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. Power skiving is a high-growth premium niche market, with strong underlying drivers such as the increasing electrification in the automotive sector. This shift is changing