Sandvik Completes Acquisition of Cambrio

Sandvik has completed the previously announced acquisition of US-based Cambrio, a leading company with a portfolio in CAD/CAM software for manufacturing industries like automotive, transportation, energy, medical and aerospace.

In 2020, Cambrio had revenues of about SEK 628 million (68 million USD) with an EBIT margin slightly dilutive to Sandvik Manufacturing and Machining Solutions. Impact on Sandvik’s earnings per share will be positive.

Cambrio will be reported in the Design & Planning Automation division within Sandvik Manufacturing and Machining Solutions.

Courtesy of Sandvik.