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.
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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
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
