Sandvik acquired privately owned Newtrax, a supplier of technology in wireless connectivity to monitor and provide insights on underground operations, including people, machines and the environment.
“By including Newtrax into the Sandvik family, we further strengthen our leading position in areas related to automation and digitalization,” President of Sandvik Mining and Rock Technology Henrik Ager said.
Sandvik’s suite of digital tools for analyzing and optimizing mining production and processes, coupled with Newtrax’s leading technology in wireless IoT connectivity will create a powerful, stream lined digital solution to improve safety and efficiency in underground mining operations, the company said.
“By combining our current offering, OptiMine with the Newtrax offering, we can help customers achieve a more efficient use of their resources,” President of Sandvik Rock Drills and Technologies Division.
Newtrax will be run as an independent business unit within the division Rock Drills and Technologies in the business area, Sandvik Mining and Rock Technology. Newtrax is headquartered in Montréal, Canada, and in 2018, the company generated revenues of about 26 million CAD with 120 employees.