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Sandvik logo — We Make the Shift – Advancing the World Through Engineering

Sandvik

We Make the Shift – Advancing the World Through Engineering

Founded 1862 Sweden Sweden 33743 employees Post Ipo Debt Total: $1.00B Industrial, Manufacturing

General Information

Company Name Sandvik
Founded Year 1862
Location Sweden Sweden +8
Employees 33743
Industries Industrial, Manufacturing
Funding Stage Post Ipo Debt
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About Sandvik

Sandvik is a global, high-tech engineering group committed to advancing the world through engineering. Specializing in solutions that improve productivity, profitability, and sustainability for the manufacturing, mining, and infrastructure industries, Sandvik leads the way in digitalization and focuses on optimizing customers' processes. Their world-leading offering encompasses equipment, tools, services, and digital solutions for machining, mining, rock excavation, and rock processing. With approximately 40,000 employees and a revenue of about 112 billion SEK in 2022, operating in roughly 150 countries, Sandvik continues to make a significant impact on the industrial and manufacturing sectors since its founding in 1862. In a recent development, Sandvik secured a €500.00M Post-IPO Debt investment on 20 September 2022. This investment indicates a strong show of confidence in Sandvik's future growth and innovation within the engineering and industrial sectors. With its headquarters in Sweden, Sandvik stands as a global leader at the forefront of engineering excellence.

Taxonomy: engineering group, high-tech solutions, manufacturing industry, mining industry, infrastructure industry, digitalization, customer productivity, sustainability solutions, metal cutting tools, rock excavation, stainless materials, special alloys, industrial digitization, process systems, global operations

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt •••••• - 20 Sep 2022
Post-IPO Debt •••••• - 19 Nov 2021
Post-IPO Equity •••••• 1
Investor
18 Jul 2016

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FAQ About Sandvik

We Make the Shift – Advancing the World Through Engineering
Sandvik was founded in 1862.
Sandvik is headquartered in Sweden.
Sandvik operates in the following industries: Industrial, Manufacturing.
Sandvik has approximately 33743 employees.
Sandvik has completed 3 funding rounds, raising a total of $1.00B. The latest funding stage is Post Ipo Debt.
Top alternatives and competitors to Sandvik include Tersa Earth, Kemaico USA Corp., ROCK Robotic, Rock Products, Barminco. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sandvik and Tersa Earth are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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