Sandvik provides an update on M&A costs and PPA impact for the fourth quarter
Sandvik has increased the pace of acquisitions in 2021 as part of its shift to growth strategy, resulting in 13 closed or signed acquisitions during the year. As a consequence, Sandvik expects for the fourth quarter to report transaction costs of around SEK 180 million related to the recently announced acquisitions as well as an increased level of amortisation of surplus values (PPA), estimated to be around SEK 260 million. Sandvik Manufacturing and Machining Solutions will report transaction costs of around SEK 105 million in total for the fourth quarter. The total amortisation of