Skip to main content

Sandvik completes acquisition of Allied Construction

Published by , Editor
Global Mining Review,

Sandvik has completed the previously announced acquisition of Allied Construction Products LLC, a US distributor of hydraulic hammers to the construction and mining industries and manufacturer of compactor plates and mounting brackets.

In 2019, the company generated revenues of approximately US$29 million, with 38 employees. Sandvik was already a 21% minority shareholder of the company and its products generated approximately 80% of Allied’s revenues.

The deal is neutral to Sandvik’s earning per share from the start.

Read the article online at:

You might also like


Electrification in Mining virtual conference

Join us on 16 April 2024 for Global Mining Review's first Electrification in Mining event is an interactive virtual conference, focusing on electrification as the future of sustainable mining and exploring the innovative approaches and technologies being developed to facilitate its implementation.

Register for FREE »


Embed article link: (copy the HTML code below):