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SANDVIK Press Release Sandvik to acquire leading mine planning software company Deswik and launch new Digital Mining Technologies division Sandvik has signed an agreement to acquire Australian - based Deswik , the leading and fastest growing major provider of mine planning software . Deswik will be part of a newly formed division Digital Mining Technologies within business area Sandvik Mining and Rock Solutions . By acquiring Deswik , Sandvik gains a top - tier supplier of integrated software platforms that support digitalization throughout mine planning stages , with more than 10,000 current licenses . Deswik has a high quality customer base , and its strong profitable growth and low customer churn will further enhance Sandvik's presence within software and digitalization , and help accelerate growth . " I am very pleased that we continue to execute on our shift to growth strategy , and continue to broaden our offering with digital solutions that increase productivity in the customer's value chain . Mine planning and operations management is a key growth opportunity , and this complementary acquisition and our new Digital Mining Technologies Division will strengthen our digital offering and enable us to provide customers a more comprehensive suite of technologies , " says Stefan Widing , President and CEO of Sandvik . Deswik will fill a value chain gap in Sandvik Mining and Rock Solutions ' offering , increasing upstream mining coverage and enabling opportunities for end - to - end optimization solutions , including , for example , incorporating electrification at the mine planning stage . Its core software suite includes computer - aided 3D mine design , scheduling , operations planning , mining data management and geological mapping . Deswik also offers a range of consultancy services , including mine planning , scoping , software implementation and training support . " Deswik's second to none software suite combined with Sandvik's digital and automation offering creates a clear world leader in digital solutions for the mining industry . Combining Deswik's skills in mine planning and scheduling with our equipment and automation expertise will open new opportunities for optimizing our customers ' mining value chain ” says Henrik Ager , President of Sandvik Mining and Rock Solutions . Deswik will form one of three cornerstones in the newly - created division Digital Mining Technologies , established to accelerate the execution of Sandvik Mining and Rock Solutions ' strategic priority to lead the industry development of underground sustainability and productivity solutions in electrification , automation , digitalization and end - to - end optimization . The new division also includes Sandvik Mining and Rock Solutions automation solutions and the Newtrax telemetry and collision avoidance solutions . Privately - owned Deswik , established in 2008 and headquartered in Brisbane , has approximately 300 employees and operates 14 offices in 10 countries . The company has demonstrated strong and profitable growth over the past decade in the large and growing mining software market . Deswik's revenue per October 2021 , on a rolling twelve month basis , totaled AUD 79 million , of which the share of recurring revenue was approximately 45 percent , and with an EBITA margin of approximately 30 percent . Impact on earnings per share ( excluding non - cash amortization effects from business combinations ) will be accretive . The parties have agreed not to disclose the purchase price . The transaction is expected to close during Q1 2022 , subject to relevant regulatory approvals . Sandvik estimates that transaction costs of approximately SEK 50 million in total will impact Sandvik Mining and Rock Solutions in the fourth quarter . Conference call There will be a conference call related to the intended acquisition on December 2 , 2021 at 1 : 30-2 : 30 PM CET for analysts , investors and financial media . The conference call will also be available live in ` listen - only ' mode on Postal address SANDVIK AB Box 510 SE - 101 30 STOCKHOLM SWEDEN Public Company ( publ ) Reg.No 556000-3468 VAT No. SE663000060901 home.sandvik Telephone +46 8 456 11 00