Sandvik completes the acquisition of pro-micron GmbH

February 09, 2024 - 07:30am
Spike analysis

Sandvik has completed the previously announced acquisition of pro-micron GmbH, a German-based supplier of sensorised tools and automation software.

The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions.

Pro-micron, founded in 2002 has around 56 employees and is headquartered in Kaufbeuren, Bavaria, Germany. In 2022, the company generated revenues of about SEK 88 million ($8.4 million). The impact on Sandvik’s EBITA margin and earnings per share will be limited, the company said.


Successful shops always look for ways to differentiate and innovate for competitive advantage. Cashing in on the entirety of a tool’s life with an advanced tool management system is perhaps the most…

Music was in the air at the press conference Fritz Studer AG held at its headquarters in Steffisburg, Switzerland, Feb. 9. With a theme of “The Sound of Studer,” the Music Motion Meeting 2024 event…

WFL Millturn supports the Tools for Life program that is dedicated to helping people in four key areas: water, energy, education, and climate protection.