Sandvik announced it completed acquiring U.S.-based Artisan Vehicle Systems. Artisan is a startup company that in 2017 had revenues of $12.3 million and approximately 60 employees. It is known for its battery-powered equipment solutions.
Artisan will be a business unit in the Load and Haul division within Sandvik Mining and Rock Technology.
The parties agreed not to disclose the purchase price.
Read More

Share