en.Wedoany.com Reported - Swedish Sandvik has signed an agreement to sell its Additive Manufacturing business unit to Mimir, a global investment company headquartered in Sweden. The business unit, part of the Machining business area, primarily produces metal powders for additive manufacturing, metal injection molding (MIM), and hot isostatic pressing (HIP), as well as controlled expansion alloys for special industrial applications.

Sandvik made the decision to divest the additive manufacturing business based on a continuous evaluation of its business portfolio, considering indicators such as market position, profitable growth potential, and investment needs. Stefan Widing, President and CEO of Sandvik, stated that the divestment aims to help the additive manufacturing business enter its next growth phase, with the new owner providing the necessary platform and focus to further unlock its potential.

The additive manufacturing business is classified as held for sale on the balance sheet. The transaction will result in an impairment loss of approximately SEK 230 million, primarily related to property, plant, and equipment. This impairment is non-cash and will be reported as an item affecting comparability in the second quarter income statement. The transaction is expected to close in the third quarter of 2026, subject to customary regulatory approvals.

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