Add-on Acquisition • Electrical Equipment

Sandvik Acquires Accuratech

On October 5, 2021, Sandvik acquired electrical equipment company Accuratech

Acquisition Context
  • This is Sandvik’s 2nd transaction in the Electrical Equipment sector.
  • This is Sandvik’s 1st transaction in Switzerland.

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M&A Deal Summary

Date October 5, 2021
Target Accuratech
Sector Electrical Equipment
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target Company

Accuratech

Zug, Switzerland
Accuratech is a niched medical wire forming and component manufacturer. The product offering includes ultra-fine wires and micro-tubes, semi-finished wire components, electroplating and other products and services mainly used for the medical industry. Accuratech is based in Zug, Switzerland.
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Buyer Overview 1

Buyer

Sandvik

Stockholm, Sweden

Category Company
Founded 1862
Sector Engineering
Employees41,400
Revenue 122.9B SEK (2024)
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 Context for Buyer #
Overall 32 of 62
Sector: Electrical Equipment 2 of 2
Type: Add-on Acquisition 27 of 55
Country: Switzerland 1 of 2
Year: 2021 8 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-25 Mastercam

Tolland, Connecticut, United States

Mastercam is a provider of CAD/CAM software solutions for manufacturing industries. Mastercam was founded in 1983 and is based in Tolland, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 Gerling

Halle, Germany

Gerling is a precision tube engineering company serving multiple industries including the fast-developing hydrogen market. The offering includes innovative engineering solutions, such as high-pressure control technology in hydrogen refueling stations. Gerling is based in Hörste, Germany.

Buy -