View HUB-4 Magazine Now Click to view Hillhead 2010 Product Focus

Follow Hub4com on Twitter

Keep up to date with our email newsletter
Our Partners
Materials Handling Engineer Association
  • ShowplaceShowplace

    Showplace, established in 1987, is a leading European provider of hospitality, exhibition and event management services. Based in Stratford upon Avon,...

    Showplace
 
HUB Magazine

HUB-4 publishes a brand new magazine for the Materials Handling, Recycling & Quarrying Industries.

View HUB-4 Magazine Now Download PDF Version
 
0845 680 0024

Latest World News

Sandvik Acquires Fintec & Extec.

News that dominated the Bauma show was that Sandvik had acquired both Fintec and Extec screening and crushing.

This dual acquisition will help to propel Sandvik into the number 2 position in the global screening and crushing mobile market, that is worth €2b annually.

The management teams of both Fintec and Extec have vast knowledge of this industry and both companies also possess the most modern manufacturing facilities in the UK.

Fintec and Extec will continue to manage their businesses as normal until such times as the new Sandvik management team properly access the strengths and weaknesses of both companies.

The completion of the two acquisitions should happen during quarter 2.

This level of independence was most clearly demonstrated at Bauma where both companies received many orders from Germany,Belarus,Ukraine,CIS, and indeed most parts of the world.

These 2 acquisitions provide a very strong base for Sandvik to continue to build on for further expansion into this growing segment of the construction industry.

Sandvik Mining & Construction Ltd

Hearthcote Road
Swadlincote
Derbyshire
DE11 9DU
UK

T: 01283 212121
F: 01283 217342

 

Other news articles from Sandvik Mining & Construction Ltd