Sandvik to revise its global distribution agreement with Getman Corporation
Sandvik Mining and Rock Technology has revised the Global Distribution Agreement for sale and support of Getman utility vehicles.
Sandvik and Getman have strategically reevaluated the synergies of the two organizations in the marketplace and how to best align them with their Customer needs. Sandvik and Getman have collectively reviewed the common best interests of both parties have agreed to redefine the scope of their cooperation.
Sandvik will cease the distribution and support of Getman equipment in some territories while retaining exclusive distributor rights in select areas where it will continue providing outstanding Customer care and representation of the entire Getman product line. Revised from the coverage of the prior Global Distribution Agreement, Sandvik will be the exclusive distributor of Getman products at the following existing locations:
- PT Freeport Indonesia in Irian Jaya – Indonesia
- All Customers - Mexico
- DeBeers Group Venetia Mine – Republic of South Africa
- Vale SA, Brio Gold Inc and NEXA Resources properties - Brazil
The transition of the exiting territories will be completed by June 30, 2020. During this time Sandvik will provide uninterrupted service to the current Getman equipment users.
"We believe this is a good opportunity for Getman and Sandvik. We hope that everyone will understand the circumstances and will respect the prior commitments and potential customer concerns at all times. There is no change to our business, policy or approach. We will continue to treat all customers, Sandvik or Getman products, with respect, and we will have a very constructive and down-to-earth approach," explains Jaakko Koppinen, President of Underground Drilling, Sandvik Mining and Rock Technology.
"We have a long heritage as a company of serving underground mining customers in a sustainable way, and we’re going to continue to do so. We understand the heritage, and our deeply rooted place in the mining industry. We also understand the responsibilities that come with it. We want what’s best for our customers, our associates and our communities. We continue to take concrete and sustainable steps to build our offering in the best possible way."
Tampere, Finland, 13 December, 2019
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Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining and construction industries; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2018, the Group had approximately 42,000 employees and sales of 100 billion SEK in more than 150 countries within continuing operations.
Sandvik Mining and Rock Technology
Sandvik Mining and Rock Technology is a business area within the Sandvik Group and a global leading supplier of equipment and tools, service and technical solutions for the mining and construction industries. Application areas include rock drilling, rock cutting, crushing and screening, loading and hauling, tunneling, quarrying and breaking and demolition. In 2018, sales were approximately 43 billion SEK with about 15,000 employees in continuing operations.