Sandvik acquires DSI Underground Holdings and Jennmar JV

Sandvik acquired DSI Underground Holdings and its South African joint venture with Frank Calandra Inc (Jennmar JV), subject to employment conditions. The merger was approved by the Competition Tribunal of South Africa on June 17, 2021.

“The Tribunal has approved, with employment conditions, the large merger whereby Sandvik Aktiebolag plc will acquire DSI Underground Holdings S.à.r.l.”comptrib.co.za

• 3 sources
• comptrib.co.zaTribunal approves merger whereby global engineering group acquires mining and tunnelling products provider, subject to employment conditionsJun 17, 2021
• comptrib.co.zaTribunal approves merger whereby global engineering group acquires mining and tunnelling products provider, subject to employment conditionsJun 17, 2021
• home.sandvikSandvik to acquire Australian rock tools supplier TriconJun 23, 2021

Summarized from public sources; check the original articles before acting on it.