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| Name | Symbol | Market | Type |
|---|---|---|---|
| Sandvik AB (PK) | USOTC:SDVKY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 20.19 | 20.53 | 20.57 | 0.00 | 13:11:26 |
From Jul 2019 to Jul 2024
Swedish industrial group Sandvik AB (SAND.SK) said Tuesday it has completed the acquisition of Shanbao, a Chinese supplier of crushing and screening equipment.
MAIN FACTS:
-Sandvik announced on 21 December 2010 an agreement with the owners of Shanghai Jianshe Luqiao Machinery Co. Ltd. (SJL) to acquire 80% of the equity interest in the company with the established trademark Shanbao.
-The company has about 1,000 employees and invoicing in 2010 was close to SEK1 billion.
-The acquisition was completed on 9 October 2011 and will be consolidated into Sandvik Mining and Construction as of the same date.
-The work to integrate the SJL in business area Sandvik Mining and Construction will start immediately.
-From 1 January 2012, the SJL will be a part of the new business area, Sandvik Construction.
-Shares closed Monday at SEK80.95.
-By Dominic Chopping; Dow Jones Newswires; +46-8-5451-3093; dominic.chopping@dowjones.com
1 Year Sandvik AB (PK) Chart |
1 Month Sandvik AB (PK) Chart |
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