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Sandvik signed an agreement to divest its Additive Manufacturing business unit to Mimir, a global investment firm based in Sweden. Additive Manufacturing, which is reported in business area Machining, manufactures metal powders used in areas such as additive manufacturing, metal injection molding and hot isostatic pressing. For instance, Osprey Ti-6Al-4V-ELI (Grade 23) is typically used for medical implants as well as for aerospace and chemical processing applications.
Sandvik continuously evaluates the portfolio to assess criteria such as market position, profitable growth potential and investment needs, and based on this evaluation process, the decision to divest Additive Manufacturing has been made.
“This divestment is intended to better position the Additive Manufacturing business for its next growth phase, and we believe the new owner will provide the platform and dedicated focus needed to further develop the business towards its full potential,” says Stefan Widing, President and CEO of Sandvik.
The transaction is expected to close in the third quarter of 2026.
Source: Sandvik AB
