M&A Deal Summary

Sandvik Acquires Kwatani

On May 7, 2021, Sandvik acquired manufacturer Kwatani

Acquisition Highlights
  • This is Sandvik’s 6th transaction in the Manufacturing sector.
  • This is Sandvik’s 1st transaction in South Africa.

M&A Deal Summary

Date 2021-05-07
Target Kwatani
Sector Manufacturing
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

Kwatani

Kempton Park, South Africa
website
Kwatani is a provider of screens and feeders for the mining industry. The product offering includes screens, feeders, fine separators, drives and services. Kwatani is based in Kempton Park, South Africa.

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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 25 of 53
Sector (Manufacturing) 6 of 19
Type (Add-on Acquisition) 20 of 47
Country (South Africa) 1 of 1
Year (2021) 1 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-24 DSI Underground

Munich, Germany

DSI Underground is a supplier of ground support products, systems, and solutions for the underground mining and tunneling industry. The company is present in 70 countries and employs over 2,000 people, including engineers and technical specialists with in-depth experience in the underground industry. With market-leading brands covering everything from bolting systems through to injection chemicals and resin capsules, it reinforces mines, tunnels, and underground structures, helping customers advance underground, and advance towards their objectives safer, faster, and more efficiently than ever. DSI Underground is based in Munich, Germany.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-23 Tricon

Perth, Australia

Tricon is a privately-owned supplier of rock tools for the mining industry. Tricon’s product offering includes rotary bits, DTH (Down-The-Hole) hammers, and bits, as well as full rotary and DTH drill strings. Tricon is based in Perth, Australia.

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