# 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.

- Type: Acquisition
- Announced: 2024-08-01
- Where: Brisbane, Australia, Australia
- Status: announced
- Products: autonomous mining solutions, mining automation platform
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md) (acquirer)
- [Universal Field Robots](https://endata.com/companies/78937.md) (target)

## Sources

- [home.sandvik](https://www.home.sandvik/en/news-and-media/news/2024/08/sandvik-to-acquire-universal-field-robots/), 2024-08-01: "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."
- [news.cision.com](https://news.cision.com/sandvik/r/sandvik-to-acquire-universal-field-robots,c4028692), 2024-08-27: "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."
- [prnewswire.com](https://www.prnewswire.com/news-releases/sandvik-to-acquire-universal-field-robots-302231303.html), 2024-08-27: "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."

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