Sandvik AB operates in the Machine tools, metal cutting types sector. Sandvik AB is an engineering company. The Company operates in three business areas: Sandvik Tooling, Sandvik Mining and Construction and Sandvik Materials Technology. As of December 31, 2010, it held 60% interest in Seco Tools AB, a global group engaged in the area of metal cutting. It manufactures advanced engineering tools, mining equipment and products in high-alloy materials. Sandvik Tooling is primarily focused on tools and tooling systems for metal cutting. Sandvik Mining and Construction is specialized in equipment, tools and service for the mining and construction industries. Sandvik Materials Technology develops products in advanced metallic and ceramic materials. On February 26, 2010, andvik Asia Ltd became wholly-owned subsidiary. In 2010, the Company acquired following subsidiaries: AOB, NC Industries (NCI) and Diamond Tool Coating (DTC). On October 9, 2011, the Company acquired SHANBAO. In
our complete report available for purchase the company is compared to: Metso Oyj, Atlas Copco AB and Schindler Holding AG.