Sandvik to acquire attachment tools manufacturer Osa Demolition Equipment
Sandvik (SDVKY) has announced the acquisition of Osa Demolition Equipment S.r.l.
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Rhea-AI Summary
Sandvik (SDVKY) has announced the acquisition of Osa Demolition Equipment S.r.l. (OSA), an Italian manufacturer of demolition tools and hydraulic hammers. The acquisition, expected to close in Q3 2025, will strengthen Sandvik's position in the demolition and recycling segment.
OSA, founded in 1994, operates a state-of-the-art manufacturing facility in Molfetta, Italy, employing 64 people. The company generated revenues of approximately SEK 150 million in 2024 and primarily serves European markets, with additional presence in Australia and the U.S.
The acquired company will be integrated into Sandvik's Attachment Tools division within Sandvik Rock Processing Solutions. While the purchase price remains undisclosed, the acquisition is expected to have impact on Sandvik's EBITA margin and earnings per share.
Positive
- Strategic expansion into demolition and recycling segment
- Access to OSA's state-of-the-art manufacturing facility and R&D capabilities
- Opportunity to leverage Sandvik's distributor network for growth
- Geographic expansion in Europe, Australia, and U.S. markets
Negative
- immediate financial impact on EBITA margin and EPS
- Relatively small revenue contribution (SEK 150M) compared to Sandvik's size
Details
News Market Reaction – SDVKY
The recorded move for SDVKY in the trading session of this news was -8.28%.
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OSA's range of attachment tools will enhance Sandvik's offering and position in the demolition and recycling segment. Furthermore, the acquisition will provide additional growth opportunities by leveraging Sandvik's large network of distributors. Today, OSA's main market is within
"This acquisition is a step in our strategy to expand in attractive niches within Sandvik Rock Processing Solutions. We look forward to welcome OSA to the Group," says Stefan Widing, President and CEO of Sandvik.
OSA was founded in 1994 and has 64 employees. The company is headquartered Molfetta,
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
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Sandvik to acquire attachment tools manufacturer Osa Demolition Equipment |
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