M&A Deal Summary

Sandvik Acquires FANAR

On July 15, 2021, Sandvik acquired manufacturer FANAR

Acquisition Highlights
  • This is Sandvik’s 8th transaction in the Manufacturing sector.
  • This is Sandvik’s 1st transaction in Poland.

M&A Deal Summary
Date 2021-07-15
Target FANAR
Sector Manufacturing
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

FANAR

Ciechanow, Poland
website
FANAR is a provider of manufacturing tools for machining. The Company's customers include the leaders of automotive, aviation, medical or home appliance sectors of industry. FANAR was founded in 1966 and is based in Ciechanow. Poland.

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Buyer(S) 1

Buyer

Sandvik

Stockholm, Sweden

website

Category Company
Founded 1862
Sector Engineering
Employees38,995
Revenue 99.1B SEK (2021)
DESCRIPTION

Sandvik operates as a global engineering company. Sandvik is a high-technology and global industrial group that produces products and services that enhance customer productivity, profitability and safety. Sandvik was founded in 1862 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 29 of 53
Sector (Manufacturing) 8 of 19
Type (Add-on Acquisition) 24 of 47
Country (Poland) 1 of 1
Year (2021) 5 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-12 DWFritz

Wilsonville, Oregon, United States

DWFritz is a provider of precision metrology, inspection, and assembly solutions for advanced manufacturing. The Company designs, builds, and supports engineer-to-order high-speed, non-contact metrology solutions and automation systems. DWFritz was founded in 1973 and is based in Wilsonville, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-28 Chuzhou Yongpu Carbide Tools

Chuzhou, China

Chuzhou Yongpu Carbide Tools is a premium solid round tools company that offers covering blanks, cutting tools, reconditioning and coating services. Chuzhou Yongpu Carbide Tools is headquartered in Chuzhou, China, and has around 500 employees.

Buy -
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