About Sandvik
Sandvik is a company based in Stockholm (Sweden) founded in 1862.. Sandvik has completed 93 acquisitions, including 3DCS, ALMU and AccuraTech. Sandvik offers products and services including Mining Equipment and Manufacturing Tools.
- Headquarter Stockholm, Sweden
- Stage Public
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Sectors
Natural Resources
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sandvik Ab; (Publ)
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$31.6 M (USD), Post-IPO
Apr 24, 2024
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
3DCS
& 92 more
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Products & Services of Sandvik
Sandvik offers a comprehensive portfolio of products and services, including Mining Equipment and Manufacturing Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solutions are provided to enhance productivity and sustainability in mining operations
Tools and services are offered to support manufacturing processes and profitability
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Software Development Team
113 people
Human Resources and Administration
53 people
Sales and Marketing
33 people
Leadership Team
31 people
Product Management Team
26 people
Finance and Accounting
21 people
Business Team
19 people
Data Analysis and Operations Team
15 people
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Funding Insights of Sandvik
- Total Funding Total Funding
- Total Rounds 9
- Last Round Post-IPO — $31.6M
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First Round
First Round
(01 Feb 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Post-IPO - Sandvik | Valuation |
investors |
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| Jun, 2021 | Amount | Grant - Sandvik | Valuation |
investors |
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| May, 2020 | Amount | Grant - Sandvik | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sandvik
Sandvik has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Industrivarden. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Long-term investments are managed with active ownership practices.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sandvik
Sandvik has strategically engaged in corporate development activities, having acquired 93 companies. Notable acquisitions include 3DCS, ALMU and AccuraTech. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Smart software solutions are provided for manufacturing operations.
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2021 | ||||
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Drilling equipment for exploration is manufactured in Chile.
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2021 | ||||
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Mobile crushing and screening equipment is manufactured in Hyderabad, India.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sandvik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sandvik Comparisons
Competitors of Sandvik
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sandvik
Frequently Asked Questions about Sandvik
When was Sandvik founded?
Sandvik was founded in 1862 and raised its 1st funding round 153 years after it was founded.
Where is Sandvik located?
Sandvik is headquartered in Stockholm, Sweden.
Who is the current CEO of Sandvik?
Stefan Widing is the current CEO of Sandvik.
What does Sandvik do?
Sandvik was founded in 1862 in Stockholm, Sweden, and operates in the industrial sector. A range of products and services is provided, including metal-cutting tools, tooling systems, mining and construction equipment, as well as tubes, strips, wires, powders, and special alloys. Annual revenues of 11.39 billion were recorded in 2022, alongside a net profit of 1.04 billion.
What products or services does Sandvik offer?
Sandvik offers Mining Equipment and Manufacturing Tools.
How many acquisitions has Sandvik made?
Sandvik has made 93 acquisitions, including 3DCS, ALMU, and AccuraTech.
Who are Sandvik's investors?
Sandvik has 2 investors. Key investors include European Union, and Industrivarden.
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