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0.0199543899657926 0.0216647662485748 0.0220068415051313 0.0233751425313569 0.0256556442417333 0.0233751425313569 0.0188141391106044 0.0216647662485748
Stock impact report

Sandvik completes the acquisition of software supplier esco GmbH

SANDVIK AB S/ADR (SDVKY) 
Company Research Source: PR Newswire
STOCKHOLM, Nov. 3, 2023 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of esco GmbH engineering solutions consulting, a German-based supplier of software for power skiving, an important technology within gear machining. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions.Esco, founded in 1993, has around 17 employees and is headquartered in Aachen, Germany. In 2022, the company generated revenues of about SEK 14 million. The impact on Sandvik's EBITA margin and earnings per share will be limited.Stockholm, November 3, 2023 Sandvik ABFor 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/208/3868504/2405553.pdfSandvik completes the acquisition of software supplier esco GmbH View original content:https Show less Read more
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