Sandvik to Acquire Mining Business of Schenck Process Group.

MANews-(C)2009-2022

Sweden-based engineering company Sandvik has agreed to acquire the mining related business of Germany based screening solutions provider Schenck Process Group (SP Mining) to operate in Sandvik's Rock Processing Solutions division, the company said.

Terms of the transaction were not disclosed. The transaction is expected to close during 4Q22 and is subject to relevant regulatory approvals.

SP Mining operates in screening, feeding and screening media solutions in the industry. The company will be reported in Stationary Crushing and Screening, a...

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