Sandvik completes the acquisition of Verisurf

Rhea-AI Summary

Sandvik (SDVKY) has completed its acquisition of Verisurf Software Inc., a US-based provider of 3D metrology software solutions. Verisurf, which will operate as a separate business unit within Sandvik's Machining and Intelligent Manufacturing division, is headquartered in Anaheim, California, and employs 44 people. The acquired company generated revenues of approximately SEK 130 million (USD 12 million) in 2024. The acquisition is expected to have a limited impact on Sandvik's EBITA margin and earnings per share. Verisurf's integration into Sandvik's portfolio strengthens the company's position in digital manufacturing solutions.

Positive

• Strategic expansion into 3D metrology software solutions market
• Verisurf's USD 12 million revenue contribution to Sandvik's portfolio
• Integration as a separate business unit maintains operational focus

Negative

• Limited impact on Sandvik's EBITA margin and earnings per share
• Relatively small acquisition in terms of revenue and employee count

News Market Reaction – SDVKY

-1.09%

1 alert

-1.09% News Effect

On the day this news was published, SDVKY declined 1.09%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

STOCKHOLM, June 3, 2025 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of Verisurf Software Inc. ("Verisurf"), a US-based 3D metrology software solutions provider. The company will be reported as a separate business unit within the business area Machining and Intelligent Manufacturing.

Verisurf has 44 employees and is headquartered in Anaheim, California, US. In 2024, the company had revenues of approximately SEK 130 million (USD 12 million). The impact on Sandvik's EBITA margin and earnings per share will be limited.

Stockholm, June 3, 2025
Sandvik AB

For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008

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

https://news.cision.com/sandvik/r/sandvik-completes-the-acquisition-of-verisurf,c4158109

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Sandvik completes the acquisition of Verisurf

 

FAQ

What is the revenue of Verisurf Software acquired by Sandvik (SDVKY)?

Verisurf Software generated revenues of approximately SEK 130 million (USD 12 million) in 2024.

How many employees does Verisurf Software have?

Verisurf Software has 44 employees and is headquartered in Anaheim, California, US.

How will Verisurf be integrated into Sandvik's structure?

Verisurf will be reported as a separate business unit within Sandvik's Machining and Intelligent Manufacturing business area.

What is the impact of Verisurf acquisition on Sandvik's financial metrics?

The acquisition will have a limited impact on Sandvik's EBITA margin and earnings per share.

What type of company is Verisurf Software?

Verisurf Software is a US-based 3D metrology software solutions provider.