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Sandvik acquires Polish round tools company Fanar

Nov. 02, 2021 10:00 AM ETSandvik AB (publ) (SDVKY) StockBy: Ravikash Bakolia, SA News Editor
  • Sandvik (OTCPK:SDVKY) completed its previously announced acquisition of Polish company Fabryka Narzędzi FANAR S.A. ((Fanar)), a manufacturer of round tools.
  • In 2020, Fanar had revenues of ~SEK175M.
  • The company said impact on its EPS will be limited.
  • Fanar will be

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