Mergers & AcquisitionsMedium•3 November 2026•
1 min read
Sandvik Finalizes Acquisition of ThoroughTec Simulation to Boost Digital Mining Solutions
Key Facts
1Sandvik has finalized the acquisition of South African-based simulation technology provider ThoroughTec Simulation.
Sandvik has finalized the acquisition of South African-based simulation technology provider ThoroughTec Simulation. Benzinga reported that the transaction is intended to strengthen Sandvik's digital offering and simulation capabilities within its mining and infrastructure business segments.
SDVKY closed at $36.91 on November 2, 2026, with the stock trading between a day low of $36.85 and a day high of $37.49 during that session. The acquisition allows Sandvik to integrate ThoroughTec Simulation’s specialized training and simulation solutions into its broader industrial portfolio.