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Sandvik completes SHANBAO acquisition

Chinese crushing and screening equipment manufacturer Shanbao
Publishing Date
11 Oct 2011 11:32am GMT
Author
Mining Magazine

Processing  Crushing & Conveying  


Sandvik has completed the acquisition of Chinese crushing and screening equipment manufacturer SHANBAO. The company signed an agreement with Shanghai Jianshe Luqiao Machinery Co (SJL) to acquire 80 % of the equity interest in SHANBAO in December 2010.

SHANBAO is currently being integrated into Sandvik’s Mining and Construction business unit and from January 2012, SHANBAO products will be offered under the Sandvik brand. SHANBAO has around 1,000 employees.


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