SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

Sandvik Completes the Acquisition of Summerill Tube Corporation
[January 14, 2020]

Sandvik Completes the Acquisition of Summerill Tube Corporation


SANDVIKEN, Sweden, Jan. 14, 2020 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of Summerill Tube Corporation, a manufacturer of high precision tubes. Since 1892 it has delivered seamless and welded tubing in stainless steels and nickel alloys to various high demanding industries including aerospace, transportation and petrochemical.

Summerill Tube Corporation is headquartered in Pennsylvania, USA, and generated revenues of about 100 million SEK with 45 employees in 2018. The deal has a limited impact on earnings per share from the start.

Stockholm, 14 January 2020

Sandvik AB

For further information, contact Ann-Sofie Nordh, Vice President Investor Relations, phone: +46-8- 456-14-94 or Martin Blomgren, Press and Media Relations Manager, phone: +46-70-577-0549.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sandvik/r/sandvik-completes-the-acquisition-of-summerill-tube-corporation,c3008281

The following files are available for download:





https://mb.cision.com/Main/208/3008281/1173960.pdf

Sandvik completes the acquisition of Summerill Tube Corporation


Cision View original content:http://www.prnewswire.com/news-releases/sandvik-completes-the-acquisition-of-summerill-tube-corporation-300986635.html

SOURCE Sandvik


[ Back To TMCnet.com's Homepage ]









Technology Marketing Corporation

2 Trap Falls Road Suite 106, Shelton, CT 06484 USA
Ph: +1-203-852-6800, 800-243-6002

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2020 Technology Marketing Corporation. All rights reserved | Privacy Policy