M&A Deal Summary

Sandvik Acquires Accuratech

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

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

M&A Deal Summary

Date 2021-10-05
Target Accuratech
Sector Electrical Equipment
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 32 of 62
Sector: Electrical Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 27 of 55
Country: Switzerland M&A 1 of 2
Year: 2021 M&A 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 -