Sandvik completes the acquisition of Tricon
Sandvik has completed the previously announced acquisition of Australian based Tricon Drilling Solutions Pty. Ltd., a supplier of rock tools for the mining industry.
Tricon is headquartered in Perth, Western Australia, and has 23 employees. Tricon will be part of Sandvik Mining and Rock Solutions’ Division Rock Tools, within the business area Sandvik Mining and Rock Solutions, and will operate as an independent, standalone Business Unit within the Rock Tools Division.
Stockholm, Sweden, October 1, 2021
For more information, please contact:
Jens Holmberg
President of Rock Tools
Sandvik Mining and Rock Solutions
email: jens.holmberg@sandvik.com
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Sandvik Group
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 industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2020 the Group had approximately 37,000 employees and revenues of about 86 billion SEK in more than 160 countries within continuing operations.
Sandvik Mining and Rock Solutions
Sandvik Mining and Rock Solutions is a business area within the Sandvik Group and a global leading supplier of equipment and tools, parts, service and digital solutions and sustainability-driving technologies for the mining and construction industries. Application areas include rock drilling, rock cutting, loading and hauling, tunneling and quarrying. In 2020, sales were approximately 33.6 billion SEK with about 12,500 employees within continuing operations.