STOCKHOLM, March 3, 2025 /PRNewswire/ — Sandvik has received 3 US-based resellers of Laptop Aided Production (CAM) answers within the Mastercam community, Barefoot CNC, CAD/CAM Answers and CamTech Engineering Products and services. Moreover, Sandvik has received the probing and submit processor industry strains of CIMCO Crew, a Denmark-based developer of tool answers for computer-integrated production.
With those companies, Sandvik continues to make stronger its place within the CAM marketplace and extra builds on its features to provide consumers and enlarge the buyer bottom. The acquisitions will likely be part of industry unit Mastercam and will likely be reported inside of industry branch Sandvik Production and Machining Answers.
“These acquisitions strengthen our regional presence and our ability to help our customers, and they support our strategy to grow within digital manufacturing,” says Stefan Widing, President and CEO of Sandvik.
The received resellers provide production consumers within the Southeast patch of the USA. Barefoot CNC is headquartered in Morganton, North Carolina, CAD/CAM Answers is headquartered in Monroe, Georgia and CamTech Engineering Products and services is headquartered in Port Orange, Florida. CIMCO’s probing era is a complete probing resolution for CNC machines, enabling direct contact probe programming inside of Mastercam. CIMCO’s submit processor era accommodates tool gear that translate Mastercam’s output into machine-specific code, making sure seamless execution on CNC machines.
A complete of 18 staff will switch to Mastercam on account of the acquisitions. The received companies had a mixed annual earnings, internet, of round USD 6 million in 2024. The affect on Sandvik’s EBITA margin and profits in line with percentage will likely be relatively sure. The events have affirmative to not divulge the acquisition worth.
Stockholm, March 3, 2025
Sandvik AB
For additional knowledge, touch Louise Tjeder, VP Investor family members, telephone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Family members Supervisor, telephone: +46 (0) 70721 1008
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SOURCE Sandvik
