Sandvik, Stockholm, Sweden, has agreed to acquire South African company Corstor International Ltd.
Corstor is a manufacturer of borehole core storage and handling systems for the mining and exploration industries. Corstor also distributes analysis and survey equipment as well as accessories to the mining and exploration industries in Africa.
Sales amount to SEK 70 million per year and the company has 100 employees. The head office and the largest production plant is located outside Johannesburg, South Africa. The company also has sales and service offices in Ghana and Tanzania.
Sandvik is a global industrial group with advanced products and positions in selected areas -tools for metal cutting, machinery and tools for rock excavation, stainless …
Sandvik to Acquire S. African Supplier
Sandvik, Stockholm, Sweden, has agreed to acquire South African company Corstor International Ltd.
Corstor is a manufacturer of borehole core storage and handling systems for the mining and exploration industries. Corstor also distributes analysis and survey equipment as well as accessories to the mining and exploration industries in Africa.
Sales amount to SEK 70 million per year and the company has 100 employees. The head office and the largest production plant is located outside Johannesburg, South Africa. The company also has sales and service offices in Ghana and Tanzania.
Sandvik is a global industrial group with advanced products and positions in selected areas -tools for metal cutting, machinery and tools for rock excavation, stainless …
Share this article
- Filed In: Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
