What Sandvik Group does

Sandvik Group, legally Sandvik AB (publ), is a Swedish public limited company founded in 1862 and headquartered in Stockholm. It operates as a global, high-tech engineering group providing integrated industrial solutions across three primary verticals: mining, manufacturing, and infrastructure. The portfolio is organized around six core offerings — Mining Solutions, Rock Processing Solutions, Digitalization, Manufacturing and Machining Solutions, Sustainable Future, and a general Products & Services catalog — covering automation, digitalization, and electrification technologies for industrial applications.

Underlying technology centers on proprietary automation, digitalization and electrification systems that integrate with physical equipment such as the Alpha 340 top hammer drilling system for underground mining. Solutions are positioned around improving productivity, energy and resource efficiency, operational safety and sustainability across the mining and metal-cutting value chain, with software-enabled tooling as a recurring theme in the manufacturing and machining solutions business.

Sandvik generates revenue through B2B industrial product sales and associated service contracts under an enterprise field-sales go-to-market model. Products and pricing are tailored to customer requirements, with active direct sales coverage in more than 150 countries and a headcount of approximately 42,000 employees supporting roughly 121 billion SEK in 2025 revenue. Recent activity includes the July 2026 acquisition of CAM software re-sellers in India and the US, ongoing quarterly reporting, and continued product launches such as the award-winning Alpha 340 drilling system.

Name

Sandvik Group

Legal name

Sandvik AB (publ)

Website

https://sandvik.com

Company type

Public

Founded year

1862

Operating status

Operating

Headcount range

11–50 employees

Short description

Sandvik Group is a Swedish, publicly traded high-tech engineering company that provides automation, digitalization, electrification, tooling and software solutions to the global mining, manufacturing and infrastructure industries.

Ownership category

akta.pro rank

Product category

Industrial Machinery and Equipment

NAICS

Mining Machinery and Equipment Manufacturing (333131), Mining and Oil and Gas Field Machinery Manufacturing (33313), Construction Machinery Manufacturing (333120)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Machine Tools, Metal Cutting Types (3541), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Grinding & Milling Equipment (IMAHAMAF)

akta.pro secondary industries

CNC Machining & Programming (EDAOAGAA), Sand & Gravel Extraction & Processing (IMAKAHAB)

Keywords

• Mining automation equipment
• Metal cutting tools
• Rock processing solutions
• Industrial drilling systems
• Manufacturing tooling software

Headquarters

HQ city

Mogi Guaçu

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Industrial Products and Services: Sandvik generates revenue through the sale of industrial products and services across mining solutions, rock processing, manufacturing tooling and machining solutions, and digitalization offerings. Revenue comes from both product sales and associated service contracts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Sandvik Group is a global high-tech engineering company that designs, manufactures and sells equipment, tooling and software for the mining, rock processing, and manufacturing/machining industries. Its portfolio spans mining automation and electrification systems, rock processing equipment, metal-cutting tooling, CAM (computer-aided manufacturing) software, and digitalization solutions sold to enterprise customers worldwide.

Product overview

Sandvik Group is a global, high-tech engineering company offering an integrated portfolio of solutions for the manufacturing, mining, and infrastructure industries. The portfolio spans six interconnected core offerings: Mining Solutions (automation, digitalization, electrification), Rock Processing Solutions, Digitalization tools, Manufacturing and Machining Solutions (tooling and software), Sustainable Future initiatives, and general Products & Services. Together, these offerings enhance productivity, profitability, and sustainability for customers across multiple industrial sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Mining Solutions Automation, digitalization and electrification solutions that help mines run safer, more efficient and more sustainable operations. Targeted at mining companies seeking safer, automated and electrified underground and surface operations.
• Rock Processing Solutions Solutions that enable customers to extract maximum value from resources while embracing sustainability through the value chain. Used by mining and infrastructure operators for crushing, screening and material handling.
• Manufacturing and Machining Solutions Tooling and software solutions that enable a component manufacturing industry that is more productive, energy efficient and less resource intensive. Includes metal-cutting tools, inserts and CAM software for component manufacturers.
• Digitalization Solutions Digital tools that future-proof industries, creating optimized solutions to meet and exceed customer business needs across mining, rock processing and manufacturing operations.
• Sandvik Alpha 340 Drilling System A top hammer drilling system for underground mining that improves hole straightness, service life and drilling costs. Used by underground mining operators for production drilling.

Quantifiable outcome

• Sandvik Alpha 340 drilling system improves hole straightness, service life and drilling costs in underground mining

Segments3 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Komatsu: Komatsu is a major diversified mining and construction equipment OEM with strong autonomous haulage and underground hard rock capabilities. It competes directly with Sandvik in mining equipment while serving a broader range of industries.
• Caterpillar: Caterpillar is the dominant broad incumbent in mining and construction equipment, with autonomous mining trucks and electric prototypes. It competes with Sandvik across surface mining equipment while offering a far wider portfolio.
• Atlas Copco: Atlas Copco is a Swedish industrial peer operating in compressors, vacuum, and power tools with overlapping mining and manufacturing customers. It is a broad incumbent with comparable scale and Swedish industrial heritage.

Direct peers

• Epiroc: Epiroc was spun off from Sandvik in 2018 and is the closest direct peer, offering drilling, rock excavation, and underground mining equipment. Both companies serve the same mining customers with overlapping automation and electrification portfolios.
• FLSmidth: FLSmidth supplies mining and cement industry equipment, including crushing, grinding, and material handling systems. It directly overlaps with Sandvik's mining and rock processing product lines serving mineral extraction customers.
• Kennametal: Kennametal is a tooling specialist offering metal cutting inserts and tooling solutions, competing directly with Sandvik's Manufacturing and Machining Solutions business for industrial manufacturers.
• Terex Corporation: Terex produces materials processing equipment (crushers, screens, washing) and aerial work platforms, directly competing with Sandvik's Rock Processing Solutions for aggregate and mining customers.
• Metso: Metso is a direct competitor in rock processing and mining equipment, offering crushers, screens, and grinding mills for aggregates and mineral processing. It is one of the most direct comparables to Sandvik's Rock Processing Solutions business.

Others

• Lincoln Electric: Lincoln Electric supplies welding and cutting consumables, adjacent to Sandvik's machining tooling business. Both serve heavy industrial and manufacturing customers with consumable products and aftermarket service.

Emerging players

• DMG Mori: DMG Mori is a machine tool builder whose installed base consumes Sandvik's metal cutting tooling. It represents both a customer and adjacent competitor in the integrated machining and tooling ecosystem.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

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• Instagraminstagram.com/sandvikgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sandvik Group