M&A Deal Summary

Sandvik Acquires MCB Services

On April 3, 2023, Sandvik acquired software company MCB Services

Acquisition Highlights
  • This is Sandvik’s 8th transaction in the Software sector.
  • This is Sandvik’s 1st transaction in Brazil.

M&A Deal Summary

Date 2023-04-03
Target MCB Services
Sector Software
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

MCB Services

Belo Horizonte, Brazil
MCB Services is a seller of mining software and services. MCB Services was founded in 2006 and is based in Belo Horizonte, Brazil.

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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 48 of 62
Sector: Software M&A 8 of 16
Type: Add-on Acquisition M&A Deals 42 of 55
Country: Brazil M&A 1 of 1
Year: 2023 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-01 Premier Machine Tools

Kildare, Ireland

Premier Machine Tools is a provider of CNC machine tools and carbide cutting tools to the manufacturing and metal cutting sector. Premier Machine Tools was founded in 2000 and is based in Kildare, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-26 esco

Aachen, Germany

esco is an engineering solutions consulting firm that provides software solutions to support design, production, and quality inspection in the main area of gear manufacturing. esco was formed in 1993 and is based in Aachen, Germany.

Buy -