M&A Deal Summary

Sandvik Acquires Cambrio

On July 1, 2021, Sandvik acquired software company Cambrio

Acquisition Highlights
  • This is Sandvik’s 2nd transaction in the Software sector.
  • This is Sandvik’s 14th transaction in the United States.
  • This is Sandvik’s 4th transaction in Ohio.

M&A Deal Summary

Date 2021-07-01
Target Cambrio
Sector Software
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

Cambrio

Cincinnati, Ohio, United States
Cambrio is a developer of CAD/CAM software for manufacturing industries like automotive, transportation, energy, medical and aerospace. Cambrio is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

Sandvik

Stockholm, Sweden

Category Company
Founded 1862
Sector Engineering
Employees40,344
Revenue 126.5B SEK (2023)
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 27 of 60
Sector (Software) 2 of 15
Type (Add-on Acquisition) 22 of 53
State (Ohio) 4 of 4
Country (United States) 14 of 28
Year (2021) 3 of 13
PREVIOUS 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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FOLLOWING 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. 

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