# Sandvik completes acquisition of Miranda Tools

Sandvik AB has completed the acquisition of India-based Miranda Tools, a manufacturer of HSS and solid carbide round tools. The business will become part of Sandvik's Dormer Pramet division.

- Type: Acquisition
- Announced: 2021-01-27
- Where: India
- Status: completed
- Products: High-Speed Steel round tools, solid carbide round tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md) (acquirer)
- [DSI Underground](https://endata.com/companies/31645.md) (target)
- [Miranda Tools](https://endata.com/companies/47979.md) (target)

## Sources

- [mpif.org](https://www.mpif.org/News/FocusPM/TabId/979/ArtMID/3883/ArticleID/478/Sandvik-Completes-Acquisition-of-Miranda-Tools.aspx), 2021-01-27: "Sandvik AB has completed the previously announced acquisition of the entire business of India-based Miranda Tools, a manufacturer of High-Speed Steel and solid carbide round tools."
- [miningconnection.com](https://miningconnection.com/coal_prep/p6290/P6920), 2021-02-04: "Sandvik has signed an agreement to acquire DSI Underground, the global leader in ground support and reinforcement products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.