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Qlar Europe GmbH Pallaswiesenstr. 100 64293 Darmstadt, Germany http://www.qlar.com
Contact Schenck Process Holding GmbH +49 6151 15310
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Schenck Process successfully completes sale of mining business to Sandvik AB

(PresseBox) (Darmstadt, )
chenck Process has finalized the previously announced sale of its Mining business (SP Mining) to the Swedish engineering group Sandvik AB. As one of the market leaders in screening, feeding, screening media 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 integrated in the Stationary Crushing and Screening division of Sandvik’s Rock Processing Solutions (SRP) business area. 

“Sandvik AB is one of the world’s leading suppliers of equipment, services, and solutions in the area of rock and mineral processing. I am confident that SP Mining has great opportunities for future growth and furthering its potential within the new ownership structure. I would like to thank all the employees of the SP Mining business for their significant contribution to the Schenck Process Group over many years and wish them well and for continued success as part of Sandvik Rock Processing,” says Keith Cochrane, CEO of the Schenck Process Group. 

With the sale of the Mining business, Schenck Process will sharpen its portfolio and allow the Group a more focused growth trajectory, cementing its position as a global solutions provider for the Food, Chemicals and Performance Materials industries, as well as Infrastructure and Energy.

About Sandvik Group 

Sandvik Group Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2021 the Group had approximately 39,000 employees and revenues of about 86 billion SEK in about 150 countries within continuing operations.

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Schenck Process is a global provider of sustainable products, integrated solutions, and services in mission-critical applications for bulk materials. Headquartered in Darmstadt, Germany, the Group prior to the Mining sale has around 3,100 employees with a presence in over 21 countries across six continents focused on the food and mining markets, alongside chemicals and performance materials, and infrastructure and energy.

The product offering includes solutions for industrial weighing, feeding, conveying, pulverizing and classification, screening, mixing, and blending, and associated digital applications.

For further company news and information, please visit www.schenckprocess.com

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.