Sandvik merging businessesPublished 22/4, 2016 at 16:09
Sandvik is to merge its Sandvik Mining and Sandvik Construction operations into one business area, Sandvik Mining and Rock Technology. Each product area will have full responsibility and accountability for its respective business.
“Products developed for the customer segments mining and construction are based on common technologies with a similar aftermarket offering. In addition, manufacturing units are already largely shared with to some extent shared front line resources. By joining the operations into one business area we achieve a leaner and more efficient structure,” said Sandvik president and chief executive Björn Rosengren.
The new structure will be effective from 1 July 2016 and current president of Sandvik Mining Lars Engström has been appointed president of Sandvik Mining and Rock Technology.