Swedish engineering group Sandvik has entered into an agreement to acquire South Africa-based Kwatani, a supplier of screens and feeders for the mining industry.
Kwatani’s offering also includes fine separators, drives and services.
The company is headquartered in Johannesburg, employs around 150 people and had 2020 revenues of approximately SEK175 million. Kwatani will be reported in Stationary Crushing and Screening, a division in Sandvik Rock Processing Solutions.
“I am pleased that we are continuing to execute on our strategy to grow through acquisitions and at the same time strengthening our position in rock processing,” said Stefan Widing, president and CEO of Sandvik.
Kwatani is the first acquisition since the Sandvik Rock Processing Solutions business area was established at the start of 2021.
“Kwatani’s offering of large vibrating screens and feeders for the mining industry is in line with our strategy to strengthen our capabilities in comminution and will be a good complement to Sandvik’s strong competence and experience within stationary crushing and screening,” said Anders Svensson, president of Sandvik Rock Processing Solutions. “This will further accelerate our growth within rock processing.”