Sandvik completes the Mining Systems divestment
Sandvik has in line with previous communication now completed the divestments of Mining Systems. The Mining Systems conveyor components business, including the closely related specialist conveyor systems business in Hollola (Finland), has been divested to NEPEAN. The Mining Systems project business has been divested to FLSmidth, with the exception of the project business assets in South Africa which awaits merger control clearance. Clearence is expected during the first quarter 2018. Mining Systems has been reported in discontinued operations and the divested businesses will as of