Sandvik completes the acquisition of CAM reseller Cimquest [Yahoo! Finance]
SANDVIK AB S/ADR (SDVKY)
NASDAQ:AMEX Investor Relations:
home.sandvik/en/investors/share-price-monitor/adr-program
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Source: Yahoo! Finance
Aided Manufacturing (CAM) solutions and one of the largest resellers in the Mastercam network. Cimquest will be a part of business unit Mastercam and will be reported within business area Sandvik Manufacturing and Machining Solutions. Cimquest, founded in 1990, is headquartered in Branchburg, New Jersey , and has 55 employees. In 2023, the company had revenues of around 26 MUSD*. The impact on Sandvik's EBITA margin will be limited. Impact on earnings per share will be positive. *A limited part of Cimquest revenues in 2023 were to Sandvik-owned Mastercam and will not impact Group total external revenues. Stockholm March 4, 2024 Sandvik AB For further information, contact Louise Tjeder , VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008 The following files are available for download: https://mb.cision.com/Main/208/3940049/2643512.pdf Sandvik completes the acquisition of CAM reseller Cimqu
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