Sandvik to acquire screens and feeders manufacturer
Sandvik has signed a deal to acquire South African based company Kwatani, a supplier of screens and feeders for the mining industry. This includes screens, feeders, fine separators, drives and services, the company said.
Kwatani, headquartered in Johannesburg, has about 150 employees and its 2020 Kwatani revenues were around SEK175 million.
‘I am pleased that we are continuing to execute on our strategy to grow through acquisitions and at the same time strengthening our position in rock processing,’ says Stefan Widing, president and CEO of Sandvik.
‘Kwatani's offering of large vibrating screens and feeders for the mining industry is in line with our strategy to strengthen our capabilities in comminution and will be a good complement to Sandvik’s strong competence and experience within stationary crushing and screening, added Anders Svensson, president of Sandvik Rock Processing Solutions.
The transaction is expected to close during Q4 2021.
This story uses material from Sandvik, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.