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Sandvik acquires CAM reseller FASTech

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Sandvik (SDVKY) has acquired the assets of FASTech, a US-based reseller of Computer Aided Manufacturing (CAM) solutions in the Mastercam network. The acquisition aims to strengthen Sandvik's position in the CAM market and enhance its capabilities to serve customers in the digital manufacturing space. FASTech, founded in 1988 and headquartered in Findlay, Ohio, serves manufacturing customers in the Midwest region of the US.

The acquired company will be integrated into Sandvik's business unit Mastercam and reported within the Sandvik Manufacturing and Machining Solutions business area. The impact on Sandvik's EBITA margin and earnings per share is expected to be The purchase price was not disclosed.

Sandvik (SDVKY) ha acquisito gli asset di FASTech, un rivenditore statunitense di soluzioni di Fabbricazione Assistita da Computer (CAM) all'interno della rete Mastercam. L'acquisizione mira a rafforzare la posizione di Sandvik nel mercato CAM e migliorare le sue capacit脿 nel servire i clienti nel settore della fabbricazione digitale. FASTech, fondata nel 1988 e con sede a Findlay, Ohio, serve clienti nel settore manifatturiero nella regione del Midwest degli Stati Uniti.

La societ脿 acquisita sar脿 integrata nell'unit脿 di business Mastercam di Sandvik e riportata nell'area di business Soluzioni di Fabbricazione e Lavorazione di Sandvik. L'impatto sul margine EBITA e sugli utili per azione di Sandvik 猫 previsto essere positivo. Il prezzo d'acquisto non 猫 stato divulgato.

Sandvik (SDVKY) ha adquirido los activos de FASTech, un revendedor con sede en EE. UU. de soluciones de Fabricaci贸n Asistida por Ordenador (CAM) dentro de la red Mastercam. La adquisici贸n tiene como objetivo fortalecer la posici贸n de Sandvik en el mercado de CAM y mejorar sus capacidades para atender a los clientes en el 谩mbito de la fabricaci贸n digital. FASTech, fundada en 1988 y con sede en Findlay, Ohio, atiende a clientes en el sector manufacturero de la regi贸n del Medio Oeste de EE. UU.

La empresa adquirida se integrar谩 en la unidad de negocios Mastercam de Sandvik y se informar谩 dentro del 谩rea de negocios de Soluciones de Manufactura y Maquinado de Sandvik. Se espera que el impacto en el margen EBITA y en las ganancias por acci贸n de Sandvik sea positivo. No se divulg贸 el precio de compra.

靸岆摐牍 (SDVKY)臧 氙戈淡鞐 氤胳偓毳 霊 旎错摠韯 歆鞗 鞝滌“(CAM) 靻旊(靺橃潣 毽厐霟澑 FASTech鞚 鞛愳偘鞚 鞚胳垬頄堨姷雼堧嫟. 鞚 鞚胳垬電 靸岆摐牍呾潣 CAM 鞁滌灔 雮 鞙勳箻毳 臧曧檾頃橁碃 霐旍韯 鞝滌“ 攵勳暭鞚 瓿犼皾鞐愱矊 靹滊箘鞀るゼ 鞝滉车頃橂姅 電ル牓鞚 頄レ儊鞁滍偆旮 鞙勴暅 瓴冹瀰雼堧嫟. FASTech電 1988雲勳棎 靹る霅橃棃鞙茧┌ 鞓ろ晿鞚挫槫欤 頃霌るΜ(Findlay)鞐 氤胳偓毳 霊愱碃 鞛堨溂氅, 氙戈淡 欷戩劀攵 歆鞐潣 鞝滌“ 瓿犼皾鞐愱矊 靹滊箘鞀るゼ 鞝滉车頃╇媹雼.

鞚胳垬霅 須岇偓電 靸岆摐牍呾潣 毵堨姢韯办籂(Mastercam) 靷梾 攵氍胳棎 韱淀暕霅橂┌ 靸岆摐牍呾潣 鞝滌“ 氚 臧瓿 靻旊(靺 牍勳雼堨姢 鞓侅棴 雮挫棎靹 氤搓碃霅 瓴冹瀰雼堧嫟. 靸岆摐牍呾潣 EBITA 毵堨瓿 欤茧嫻 靾橃澋鞐 氙胳箻電 鞓來枼鞚 旮嶌爼鞝侅澕 瓴冹溂搿 鞓堨儊霅╇媹雼. 甑Г 臧瓴╈潃 瓿店皽霅橃 鞎婌晿鞀惦媹雼.

Sandvik (SDVKY) a acquis les actifs de FASTech, un revendeur bas茅 aux 脡tats-Unis de solutions de Fabrication Assist茅e par Ordinateur (CAM) au sein du r茅seau Mastercam. Cette acquisition vise 脿 renforcer la position de Sandvik sur le march茅 CAM et 脿 am茅liorer sa capacit茅 脿 servir les clients dans le domaine de la fabrication num茅rique. FASTech, fond茅e en 1988 et ayant son si猫ge 脿 Findlay, dans l'Ohio, sert des clients du secteur manufacturier dans la r茅gion du Midwest des 脡tats-Unis.

L'entreprise acquise sera int茅gr茅e 脿 l'unit茅 d'affaires Mastercam de Sandvik et signal茅e au sein du domaine d'affaires des Solutions de Fabrication et d'Usinage de Sandvik. L'impact sur la marge EBITA et le r茅sultat par action de Sandvik devrait 锚tre positif. Le prix d'achat n'a pas 茅t茅 divulgu茅.

Sandvik (SDVKY) hat die Verm枚genswerte von FASTech erworben, einem in den USA ans盲ssigen Wiederverk盲ufer von Computer-Aided Manufacturing (CAM)-L枚sungen im Mastercam-Netzwerk. Ziel der 脺bernahme ist es, die Position von Sandvik im CAM-Markt zu st盲rken und die F盲higkeiten zu verbessern, um Kunden im Bereich der digitalen Fertigung zu bedienen. FASTech, 1988 gegr眉ndet und mit Sitz in Findlay, Ohio, bedient Fertigungskunden in der Midwest-Region der USA.

Das erworbene Unternehmen wird in die Gesch盲ftseinheit Mastercam von Sandvik integriert und innerhalb des Gesch盲ftsbereichs Fertigungs- und Bearbeitungsl枚sungen von Sandvik ausgewiesen. Die Auswirkungen auf die EBITA-Marge und das Ergebnis je Aktie von Sandvik werden voraussichtlich positiv sein. Der Kaufpreis wurde nicht bekannt gegeben.

Positive
  • Strategic expansion in digital manufacturing space
  • Strengthens regional presence in US Midwest
  • Enhances customer service capabilities through Mastercam network
Negative
  • impact on EBITA margin and earnings per share

STOCKHOLM, Jan. 3, 2025 /PRNewswire/ -- Sandvik has acquired the assets of FASTech, a US based reseller of Computer Aided Manufacturing (CAM) solutions in the Mastercam network. With this acquisition, Sandvik strengthens its position in the CAM market and further builds on its capabilities to serve customers and expand the customer base. FASTech will be a part of business unit Mastercam and will be reported within business area Sandvik Manufacturing and Machining Solutions.

"This acquisition supports our strategic direction to grow in the digital manufacturing space, strengthens our regional presence, and enhances our ability to help our customers," says Stefan Widing, President and CEO of Sandvik.

FASTech, founded in 1988, is headquartered in Findlay, Ohio, and serves manufacturing customers in the Midwest region of the US. The impact on Sandvik's EBITA margin and earnings per share will be limited. The parties have agreed not to disclose the purchase price.

Sandvik AB

For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellstr枚m, Press and Media Relations Manager, phone: +46 (0) 70721 1008

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FAQ

What is the strategic importance of Sandvik's FASTech acquisition?

The acquisition strengthens Sandvik's position in the CAM market, expands its digital manufacturing capabilities, and enhances its presence in the US Midwest region.

How will the FASTech acquisition affect SDVKY's financial performance?

According to the announcement, the acquisition will have impact on Sandvik's EBITA margin and earnings per share.

Which business unit will FASTech operate under within SDVKY?

FASTech will operate as part of the Mastercam business unit and will be reported within Sandvik Manufacturing and Machining Solutions business area.

What is FASTech's market presence and history?

FASTech, founded in 1988 and headquartered in Findlay, Ohio, is a CAM solutions reseller serving manufacturing customers in the US Midwest region.

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Specialty Industrial Machinery
Industrials
United States of America
Stockholm