Sandvik acquires DSI Underground Joint Ventures, Rocbolt Technologies
Sandvik’s acquisition of DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries, was closed on July 7, 2021. The acquisition included DSI’s ownership stake in four joint ventures (“Rocbolt Technologies”) based in China, South Africa, Mongolia and Australia. On August 3, 2021, Sandvik signed and completed three agreements to acquire the Joint Venture partner’s (Jennmar) share of the Rocbolt Technologies JVs in China, South Africa and Mongolia. Jennmar will continue to be a JV partner in