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Sandvik Process Systems to do business as IPCO in future

25.01.2018 − 

Swedish Foundation Asset Management AB (FAM) completed the acquisition of Sandvik Process Systems from Sandvik by the start of December. This deal had been struck in late May 2017. Following a transition period, these activities are to do business as IPCO (Industrial Products Co.).

Sandvik Process Systems had last been consolidated by Sandvik under Other Operations. The Hyperion unit, which is also listed in this category and supplies hard and super-hard materials, is to be sold to the US-American Kohlberg, Kravis, Roberts (KKR) under an agreement signed at the start of December 2017.

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