Add-on Acquisition • Machinery

Sandvik Acquires Diamond Innovations

On February 2, 2007, Sandvik acquired machinery company Diamond Innovations

Acquisition Context
  • This is Sandvik’s 4th transaction in the Machinery sector.
  • This is Sandvik’s 3rd transaction in the United States.
  • This is Sandvik’s 2nd transaction in Ohio.

Explore All 2379 Add-on Acquisition Machinery Deals - Search the Database Free


M&A Deal Summary

Date February 2, 2007
Target Diamond Innovations
Sector Machinery
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target Company

Diamond Innovations

Worthington, Ohio, United States
Diamond Innovations, Inc. is a manufacturer of superabrasive materials for the material removal industry.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

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 7 of 62
Sector: Machinery 4 of 11
Type: Add-on Acquisition 4 of 55
State: Ohio 2 of 4
Country: United States 3 of 29
Year: 2007 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-29 GE Superabrasives

Worthington, Ohio, United States

GE Superabrasives , Inc. is a manufacturer of diamond, cubic boron nitride, and polycrystalline products. GE Superabrasives works directly with the end users to develop products and applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-28 Hydramatic Engineering Pty

Redhead, Australia

Hydramatic Engineering was founded in 1972 to design and manufacture high quality roof bolting machines, drilling rigs and associated equipment for use in the underground coal mining industry. This highly specialised mining equipment is used to install roof and rib bolts and support the overlying strata of underground mines and tunnels.

Buy -