October 07, 2008

Sandvik acquires Aubema Beteiligungs GmbH

Thomson Financial reported that Sandvik AB has reached an agreement to acquire the German system technology provider Aubema Beteiligungs GmbH for an undisclosed sum, as a step in its objective to be a leading provider of crushers for softer materials.

Aubema's head office is located at Bergneustadt in Germany and the company has 70 employees in Germany and 10 in China. Sales amounted to SKR 160 million in 2007.

Aubema provides system technology in the specialized field of crushing and rock sizing. The main emphasis is on development and manufacturing of customized solutions for fragmentation of coal, coke, limestone, different types of ore, salt, fertilizer and other softer minerals and materials. The company focuses on design and production of custom-tailored equipment, including hammer mills, impact mills, roll crushers, cone crushers and vibrating mills.