Sandvik says to buy two firms in United Kingdom

Newswire

STOCKHOLM, April 24 (Reuters) - Swedish engineering group Sandvik said on Tuesday it had inked deals to buy two makers of mobile crushing and screening gear in the United Kingdom for an undisclosed sum. The firm said in a statement it had agreed to Extec Screens and Crushers Ltd., which had sales of 1.8 billion Swedish crowns ($265.6 million) in 2006, from private equity firm 3i . It also said it was buying Fintec Crushing and Screening with reported sales of 560 million crowns last year.

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