Schenck Process has finalized the previously announced sale of its Mining business (SP Mining) to Sandvik. As one of the market leaders in screening, feeding and train-loading solutions with a strong aftermarket business, SP Mining will not only complement Sandvik’s existing product offering but also benefit from a greater global reach. With the closing, the Mining business is to be…
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Schenck Process sells mining unit to Sandvik
Schenck Process, a global company for sustainable, integrated measuring and process technology solutions, has signed an agreement for the sale of its Mining business to Swedish engineering group Sandvik. Upon completion of the transaction, which is expected to be in the second half of 2022, the acquired mining unit will be integrated into Sandvik’s Rock Processing Solutions business area. Schenck…
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