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M&A Deal Summary

ESAB India Acquires Sandvik Materials Technology AB - Welding Wire Business

On October 30, 2017, ESAB India acquired metals/mining company Sandvik Materials Technology AB - Welding Wire Business from Sandvik Materials Technology AB

Acquisition Highlights
  • This is ESAB India’s 1st transaction in the Metals/Mining sector.
  • This is ESAB India’s 1st transaction in Sweden.

M&A Deal Summary
Date 2017-10-30
Target Sandvik Materials Technology AB - Welding Wire Business
Sector Metals/Mining
Buyer(s) ESAB India
Sellers(s) Sandvik Materials Technology AB
Deal Type Add-on Acquisition

Target

Sandvik Materials Technology AB - Welding Wire Business

Sandviken, Sweden
Sandvik Materials Technology AB - Welding Wire Business includes the production units in Sandviken, Sweden and Scranton, US as well as the global sales and product management organization; in total approximately 120 employees.

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Buyer(S) 1

Buyer

ESAB India

Chennai, India
Category Company
Founded 1987
Sector Machinery
Employees820
Revenue 12.4B INR (2024)
DESCRIPTION

ESAB India is a provider of comprehensive range of welding, cutting and allied products and services. ESAB India was founded in 1987 and is based in Chennai, India.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Sweden) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

Sandvik Materials Technology AB

Sandviken, Sweden
Category Company
Sector Metals/Mining
DESCRIPTION

Sandvik Materials Technology AB is a developer and manufacturer of advanced stainless steels and special alloys, we make industrial processes more efficient, profitable and safer. Sandvik Materials Technology is based in Sandviken, Sweden.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Sweden) 1 of 1
Year (2017) 1 of 1
Mergr

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