Screen Buys
25 March 2008
Sandvik Mining and Construction has agreed to buy UK-based mobile crushing and screening manufacturer Extec from private equity company 3i. It has also agreed to acquire the remaining 50% of Fintec, which makes similar products, which it does not already own. The two companies had sales of SEK 2.36 billion (US$ 350 million) last year and employ a total of 775 people.
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