Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with a few weeks of delay.
Sandvik initiates separation of Sandvik Materials Technology
May 7, 2019

Sandvik has initiated a process of separating Sandvik Materials Technology internally. A potential outcome will be a listing of the business unit. Sandvik has chosen to separate it to create flexibility and a greater focus on development for the unit. The process will take minimum a year. The unit reported a turnover of SEK 15.1bn and EBIT of SEK 1.4bn in 2018.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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