Sandvik to buy DSI Underground for €943M

Swedish mining engineering company Sandvik plans to acquire German tunnelling technologies company DSI Underground for €943 million (US$1.1 billion) in cash.

Sandvik to buy DSI Underground for €943M Sandvik to buy DSI Underground for €943M Sandvik to buy DSI Underground for €943M Sandvik to buy DSI Underground for €943M Sandvik to buy DSI Underground for €943M

DSI Underground’s products include bolting systems, injection chemicals and resin capsules

Sandvik said the purchase of the safety solutions company from its owner, investment firm Triton, would improve its underground product offerings.