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Sandvik to acquire Universal Field Robots · Endata

◂ Announcements

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Mining Equipmentworld trade 2024+3.1% 5Y CAGR

Aug 1, 2024ACQUISITIONBrisbane, Australia, Australia

Sandvik to acquire Universal Field Robots

Sandvik has signed an agreement to acquire Universal Field Robots (UFR), an Australia-based provider of autonomous solutions for mining. The transaction is expected to close during Q4 2024.

Status

Announced

Productsautonomous mining solutionsmining automation platform

CompaniesSandvik acquirer Universal Field Robots target

Sectors#Automation and Robotics #Mining Equipment

“Universal Field Robots is an important strategic addition to Sandvik Mining and Rock Solutions, which will strengthen our growth potential and provide key capabilities in the development of our mining automation solutions portfolio going forward.”home.sandvik

3 sources
home.sandvikSandvik to acquire Universal Field RobotsAug 1, 2024
news.cision.comSandvik to acquire Universal Field Robots - SandvikAug 27, 2024
prnewswire.comSandvik to acquire Universal Field RobotsSandvikAug 27, 2024

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

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