Sandvik says it has completed the previously announced acquisition of the mining related business of Schenck Process Group (SP Mining).

AZB & Partners advised Sandvik SRP AB on all Indian law related aspects of the transaction. The AZB & Partners team comprised of Partner, Vasudha Asher and Senior Associates, Shefali Naik and Rina Goyal.

 

SP Mining is one of the market leaders in screening, feeding, screening media and train loading solutions in the industry, according to Sandvik.

It also has a strong aftermarket business, which includes application support, screen refurbishment, product engineering design and manufacturing and digital support services.

It will be reported in Stationary Crushing and Screening, a division in Sandvik Rock Processing Solutions (SRP).

The two companies already had a global partnership agreement in place dating from 2016 that brought together Sandvik’s high productivity cone crushers and Schenck Process’ high capacity multislope screens.

 

 

Write to us at deals@lawwiser.com