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Sandvik Finalizes Purchase of South Africa's ThoroughTec Simulation

MT Newswires·11/03/2026 05:39:16
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05:39 AM EST, 11/03/2026 (MT Newswires) -- Sandvik (SAND.ST) completed the acquisition of ThoroughTec Simulation, a South Africa-based provider of equipment simulators and related training for the mining industry. The Sweden-listed engineering group will consolidate the company into the parts and services division of its mining business area, according to a Tuesday release. The acquisition is expected to boost Sandvik's EBITA margin.