Sandvik completes acquisition of Newtrax

Sandvik completed the acquisition of Newtrax, a supplier of wireless connectivity technology for underground mining operations. Newtrax is headquartered in Montréal, Canada, and had revenues of about 26 million CAD in 2018.

“Sandvik has completed the previously announced acquisition of Newtrax, a supplier of technology in wireless connectivity to monitor and provide insights on underground mining operations.”home.sandvik

• 2 sources
• home.sandvikSandvik completes the acquisition of NewtraxJun 1, 2019
• newswire.caNewtrax Joins Sandvik Group in Strategic AcquisitionNewtraxJun 18, 2019

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