Sandvik Aktiebolag

Sandvik Aktiebolag

Sandvik Aktiebolag

Date Founded



World Trade Center,Kungsbron 1,Section G, 6th Floor,Stockholm 111 22

Type of Company


Employees (Worldwide)



Industrial Machinery & Manufacturing
Wholesale: Industrial Products & Manufacturing
IT Consulting & Services
Other Business & Consulting Services
Computer Software
Trucks, Construction & Farm Machinery
Tools & Hardware

Company Description

Sandvik AB engages in the development, manufacture, and sale of tools, equipment, and tooling systems for the mining and construction industries. It operates through the following segments: Sandvik Machining Solutions, Sandvik Mining and Rock Technology, Sandvik Materials Technology, and Other Operations. The Sandvik Machining Solutions segment manufactures and sells tools and tooling systems for industrial metal cutting. The Sandvik Mining and Rock Technology segment supplies equipment and tools, service, and technical solutions for the mining and construction industries. The Sandvik Materials Technology segment produces stainless steels and special alloys such as tube, pipe, wire, strip, and metal powder. The Other Operations segment distributes drilling solutions focusing on drill bits and downhole products for construction and completion. The company was founded by Göran Fredrik Göransson in 1862 and is headquartered in Stockholm, Sweden.

Contact Data
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Executives & Employees

President & Chief Executive Officer

Secretary, Executive Vice President & General Counsel

Executive Vice President & Head of Human Resources

Executive Vice President & Head of Group Communications, Sandvik Group Spokesperson

Member, Group Executive Management

Director, Employee Representative

Director, Employee Representative


Board of Directors

President at Ameristar Fence Products, Inc.

Director, President & Chief Executive Officer at Industrivärden AB

Director at Sandvik Aktiebolag

Director at Electrolux AB

Executive Vice President & Chief Financial Officer at Vestas Wind Systems A/S

President & Chief Executive Officer at Sandvik Aktiebolag

Director, Employee Representative at Sandvik Aktiebolag

Director, Employee Representative at Sandvik Aktiebolag

Director at Metacon AB

Secretary, Executive Vice President & General Counsel at Sandvik Aktiebolag

Paths to Sandvik Aktiebolag
Potential Connections via
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Sandvik Aktiebolag
Owners & Shareholders
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Alecta is a risk-averse manager which aims to meet the requirements of long-term pension fund management, in terms of delivering a competitive return with prudent risk management. The firm’s portfolio holdings consist of approximately 50 percent fixed income, 41 percent equities, and 9 percent real estate. The core of Alecta’s philosophy is a competent independent in-house analysis, focusing on the absolute return and risks of their investments. They direct their investment activities mainly to areas where the firm have such in-house capability and expertise. By limiting the number of holdings, they facilitate an even deeper analysis whereby each specific analysis can have a significant impact on the firm’s performance.

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Swedbank Robur’s philosophy is based on fundamental analysis with focus on risk control. Their investment process emphasizes research-based decision-making with controlling risk to ensure long-term capital appreciation for their clients. The firm’s in-house analysis contributes to enhance the investment decisions.

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HBF utilizes active strategies that aim to deliver yields that outperform the index over the long-term. For equity management, every active position is based on fundamental analysis in their proprietary model for company evaluations. Within active fund management, the firm works with several investment processes: Allocation, Theme-based, Selective, Small-caps and Fixed income. The investment process for each product requires the fund manager responsible for the portfolio to take a number of investment decisions. With each investment decision the fund manager is responsible for ensuring that the decision concurs with the objective, investment strategy and risk mandate for the fund/discretionary mandate in question. HBF measures portfolios against a pre-determined public index or other established targets.

Recent Transactions
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Sandvik Aktiebolag purchases ICAM Technologies Corp.

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Sandvik Aktiebolag purchases Fabryka Narzedzi Fanar SA

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Sandvik Aktiebolag purchases DWFritz Automation Inc

Transaction Advisors
Legal Advisor

Advised onSandvik Aktiebolag purchases Varel International Energy Services, Inc.


Advised onSmith International, Inc., Sandvik Aktiebolag, Sandvik Smith AB purchase Kennametal Widia India Ltd. /Mining & Construction Tools Bus from Kennametal, Inc.

Legal Advisor

Advised onSandvik Aktiebolag purchases Seco Tools AB from Swedbank Robur AB, Alecta Pension Insurance Mutual

Investment Advisor

Advised onSandvik Aktiebolag, Dormer Pramet LLC purchase Wetmore Tool & Engineering, Inc. from Churchill Aerospace LLC, Corridor Capital LLC

Co-Managing Partner

Advised onSandvik Aktiebolag, Sandvik Manufacturing & Machining Solutions AB purchase Metrologic Group SAS from Astorg Partners

Legal Advisor

Advised onSandvik Aktiebolag purchases Varel International Energy Services, Inc.

Advisors & Consultants

Professional at Öhrlings PricewaterhouseCoopers AB

Senior Advisor

Former Secretary, Director, Executive Vice President & General Counsel at Sandvik Aktiebolag

Senior Advisor

Former Member of Group Executive Management at Sandvik Aktiebolag


MMC Norilsk Nickel PJSC engages in the exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious metals produced from ore. It operates through the following segments: GMK Group; South Cluster; KGMK Group; NN Harjavalta; GRK Bystrinskoye; Other Mining; and Other Non-Metallurgical. The GMK Group segment includes main mining, processing and metallurgy operations as well as transport services, energy, repair and maintenance services located in Taimyr Peninsula. The South Cluster segment includes certain ore mining and processing operations located in Taimyr Peninsula. The KGMK Group segment includes mining and metallurgy operations, energy, exploration activities located in Kola Peninsula. The NN Harjavalta segment includes refinery operations located in Finland. The GRK Bystrinskoye segment includes ore mining and processing operations located in the Zabaikalsky region of the Russian Federation. The Other Mining segment engages in in metal mining and processing joint operations of nkomati nickel mine. The Other Non-Metallurgical segment deals with metal and other trading, supply chain management, transport services, energy and utility, research, and other activities located in Russia and abroad. The company was founded on November 4, 1989 and is headquartered in Moscow, Russia.

Fastenal Co. engages in the provision of fasteners, tools, and supplies which can help in the manufacture of products, build structures, protect personnel, and maintain facilities and equipment. It products include cutting tools & metalworking, fasteners, material handling, storage & packaging power, transmission & motors, tools & equipment, electricals, abrasives, hydraulics & pneumatics, plumbing, lifting & rigging, raw materials, fleet & automotive, welding, office products & furniture, janitorial and lighting. The company was founded by Robert A. Kierlin, Michael M. Gostomski, Henry K. McCannon, John D. Remick, and Stephen M. Slaggie in November 1967 and is headquartered in Winona, MN.

MSC Industrial Supply Co. (NYSE: MSM) is a premier, national distributor of metalworking and maintenance, repair and operations (MRO) products, solutions and services for manufacturers. We help our customers increase productivity, efficiency and cost savings by leveraging technology, our supply chain expertise and next-day delivery of more than 600,000 in-stock industrial products.

Key Stats and Financials As of 2020
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Director, Employee Representative at Sandvik Aktiebolag

Allison Transmission Holdings, Inc. Automobiles | Indianapolis, IN

Allison Transmission, Inc. (Allison) is the premier global provider of commercial duty automatic transmissions and hybrid propulsion systems. Allison products are specified by over 250 of the world’s leading vehicle manufacturers and are used in many market sectors including bus, refuse, fire, construction, distribution, military and specialty applications. Founded in 1915, the Allison business is headquartered in Indianapolis, Indiana, U.S.A. and employs approximately 2,800 people. Regional headquarters with dedicated support staff are located in China, the Netherlands, Brazil, India and Japan. With a global presence in 80 countries, Allison has over 1,500 distributor and dealer locations.

Arshiya Ltd. Other Business & Consulting Services | Mumbai, India

Arshiya Ltd. engages in supply chain management and logistic infrastructure solutions. It operates through the following segments: Free Trade and Warehousing/Inland Container Deport, Rail Transport Operations and Domestic Warehousing Zone. The Free Trade and Warehousing/Inland Container Deport segment refers to the operation of container port and warehousing solutions. The Rail Transport Operations segment fixed schedule transportation services and cargo tracking services. The Domestic Warehousing Zone refers to multi-modal logistics park and domestic warehousing facility in NCR at Khurja in the State of Uttar Pradesh. The company was founded by Ajay Shankarlal Mittal on July 3, 1981 and is headquartered in Mumbai, India.

Avega Group AB Other Business & Consulting Services | Stockholm, Sweden

Avega Group AB engages in the provision of business development and information technology consulting services. It also offers services in the areas of transformation, custom solutions and standard platforms. The company was founded by Lars-Erik Eriksson and Jan Rosenholm in December 2000 and is headquartered in Stockholm, Sweden.

Berkshire Hathaway, Inc. Other Insurance Services - Greenwich, Connecticut

Berkshire Hathaway, Inc. engages in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, and retailing services. It operates through following segments: GEICO, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy, McLane Company, Manufacturing, and Service and Retailing. The GEICO segment involves in underwriting private passenger automobile insurance mainly by direct response methods. The Berkshire Hathaway Reinsurance Group segment consists of underwriting excess-of-loss and quota-share and facultative reinsurance worldwide. The Berkshire Hathaway Primary Group segment comprises of underwriting multiple lines of property and casualty insurance policies for primarily commercial accounts. The BNSF segment operates railroad systems in North America. The Berkshire Hathaway Energy segments deals with regulated electric and gas utility, including power generation and distribution activities, and real estate brokerage activities. The McLane Company segment offers wholesale distribution of groceries and non-food items. The Manufacturing segment includes industrial and end-user products, building products, and apparel. The Service and Retailing segment provides fractional aircraft ownership programs, aviation pilot training, electronic components distribution, and various retailing businesses, including automobile dealerships, and trailer and furniture leasing. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.

Caterpillar, Inc. Trucks, Construction & Farm Machinery - Peoria, IL

Caterpillar Inc. is an American Fortune 100 corporation that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers via a worldwide dealer network. It is the world's largest construction-equipment manufacturer. In 2018, Caterpillar was ranked number 65 on the Fortune 500 list[8] and number 238 on the Global Fortune 500 list. Caterpillar stock is a component of the Dow Jones Industrial Average.

Terex Corp. Industrial Machinery & Manufacturing - Westport, Connecticut

Terex Corp. engages in the manufacturing of aerial work platforms, cranes, and materials processing machinery. The firm designs, builds and support products used in construction, maintenance, manufacturing, energy, minerals and materials management applications. It operates through the following segments: Aerial Work Platforms and Materials Processing. The Aerial Work Platforms segment designs, manufactures, services and markets aerial work platform equipment, utility equipment and telehandlers. The Materials Processing segment designs, manufactures, services and markets materials processing and equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and their related components and replacement parts. The company was founded in 1933 and is headquartered in Norwalk, CT.

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