Sandvik Group is acquiring DSI Underground from Triton Investments. The ground support solution supplier will join Sandvik’s Mining and Rock Solutions business area.
With the acquisition, Sandvik will gain DSI Underground’s 22 production facilities, and will grow its range of offerings.
DSI Underground said the company will fit “very well” with Sandvik. “With our knowledge of ground support technologies, we can add a valuable and complementary offering to Sandvik Mining and Rock Solutions,” DSI Underground CEO Michael Reich said. “At the same time, we will be able to expand our global reach and combine our offering with Sandvik products and services for the benefit of our customers.”
DSI Underground has 1,700 employees in more than 70 countries. It offers anchor systems, injection resins, pumpable injection chemicals and forepoling systems.