M&A Deal Summary

Sandvik Acquires Premier Machine Tools

On February 1, 2023, Sandvik acquired manufacturer Premier Machine Tools

Acquisition Highlights
  • This is Sandvik’s 17th transaction in the Manufacturing sector.
  • This is Sandvik’s 1st transaction in Ireland.

M&A Deal Summary

Date 2023-02-01
Target Premier Machine Tools
Sector Manufacturing
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

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.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

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 47 of 62
Sector: Manufacturing M&A 17 of 21
Type: Add-on Acquisition M&A Deals 41 of 55
Country: Ireland M&A 1 of 1
Year: 2023 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-14 Polymathian

South Brisbane, Australia

Polymathian is a provider of advanced mine optimization software and services. The Company's product offering includes mining operations optimization and simulation software for areas such as extraction process, material flow, energy & fuel consumption and maintenance efficiency, and it counts several of the world's largest mining companies as customers. Polymathian was founded in 2013 and is based in South Brisbane, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-03 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.

Buy -