SANDVIKEN, Sweden, Dec. 23, 2021 /PRNewswire/ — Sandvik has completed the previously announced acquisition of the Canada-based ICAM Technologies Corporation, a provider of innovative solutions that translate CAM data into optimized coding for guiding CNC machining operations.
In 2020, the company had revenues of approximately SEK 30 million and an EBITA margin of approximately 25%.
The company will be reported in Coromant, a division within the business area Sandvik Manufacturing and Machining Solutions.
Stockholm, December 23, 2021
Sandvik AB
For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
| https://mb.cision.com/Main/208/3477939/1514446.pdf | Sandvik completes the aquisition of software provider ICAM |
SOURCE Cision AB
