Sandvik Acquires Polish Round Tools Manufacturer Fanar

STOCKHOLM, Sweden, Nov 3, 2021 – Sandvik has completed the previously announced acquisition of the Polish company Fabryka Narzędzi FANAR S.A. (Fanar), a manufacturer of round tools.     In 2020, Fanar had revenues of about SEK 175 million. Impact on Sandvik’s earnings per share will be limited. The company will be reported in Seco, a division […]