Sandvik agrees to acquire Italy’s Diemme Filtration

Sandvik has entered into an statement to get Diemme Filtration, an Italian shaper specialising successful filtration and dewatering systems for the mining industry.

Under the presumption of the deal, Diemme Filtration volition signifier a caller division, Filtration, wrong Sandvik's Rock Processing concern area.

The acquisition marks Sandvik's introduction into the filtration and dewatering segment, broadening the company's offering on the mining worth chain.

Filtration is described arsenic a halfway process successful downstream mining, with Diemme Filtration's solid-liquid separation technologies cited for enabling productivity improvements, enhanced h2o betterment and absorption of tailings.

The company's concern includes engineered-to-order filtration systems, a increasing aftermarket operation, and monitoring and predictive attraction software.

This integer capableness is intended to complement Sandvik Rock Processing's existing integer services.

Diemme Filtration operates a manufacturing tract and engages successful probe and improvement activities.

It employs astir 200 radical and serves a diverse, planetary lawsuit basal successful copper, gold, nickel and artillery materials mining.

Sandvik expects the concern to present returns successful enactment with its outgo of superior wrong 3 years, with further betterment beyond that point.

The companies person not disclosed the acquisition price. Sandvik stated that the acquisition is apt to lend positively to net per share, excluding acquisition terms allocation effects.

Completion of the transaction is anticipated successful the 3rd 4th of 2026.

Sandvik president and CEO Stefan Widing said: "I americium precise pleased with this acquisition, which is powerfully aligned with our strategy to turn successful charismatic niches successful downstream mining.

"With Diemme Filtration we adhd a profitable and fast-growing niche wrong mineral processing to our halfway offering, that strengthens our presumption with cardinal mining lawsuit groups and brings an charismatic aftermarket business."

Earlier this month, Sandvik secured a large bid from China-based JCHX Mining Management to proviso an underground mining instrumentality fleet for usage astatine the Khoemacau Copper Mine successful Botswana.

"Sandvik agrees to get Italy's Diemme Filtration" was primitively created and published by Mining Technology, a GlobalData owned brand.