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Sandvik to divest its Additive Manufacturing business to Mimir

This article was originally posted on Chemical Engineering Online.
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Summary
Sandvik AB has agreed to sell its Additive Manufacturing business unit to Swedish investment firm Mimir. The unit, reported under Sandvik’s Machining business area, produces metal powders for additive manufacturing, metal injection molding, hot isostatic pressing, and controlled-expansion applications.

What impact do you expect this divestment to have on the metal powders market and on Sandvik’s strategic focus in machining?

Sandvik AB (Stockholm, Sweden) has signed an agreement to divest its business unit Additive Manufacturing to Mimir, a global investment firm based in Sweden. Additive Manufacturing, which is reported in business area Machining, manufactures metal powders used in areas such as additive manufacturing, metal injection molding and hot isostatic pressing, as well as controlled expansion […]

The post Sandvik to divest its Additive Manufacturing business to Mimir appeared first on Chemical Engineering.

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