Sandvik Acquires Finnish Battery Management Firm Akkurate.

MANews-(C)2009-2022

Sweden-based engineering company Sandvik (OTC: SDVKY) has acquired the Finland-based holistic battery management company Akkurate, which provides remote battery diagnostic- and prognostic platforms, the company said.

The company will be reported in Load and Haul, a division within the business area Sandvik Mining and Rock Solutions.

With the acquisition of Akkurate, Sandvik said it will strengthen its position in electrification competence and know-how in battery analytics.

It accelerates Sandvik's expansion into battery-electric vehicles by enhancing the current offering, and strengthens Sandvik's position as the strongest in-house...

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