Swedish engineering company Sandvik AB to acquire African OEM Kwatani

SOUTH AFRICA – Swedish mining and construction equipment and services company Sandvik Group will acquire African original-equipment manufacturer (OEM) of custom-engineered vibrating equipment Kwatani.

The transaction is expected to be finalised in the fourth quarter of 2021, subject to regulatory approvals and other customary conditions.

“Kwatani’s production facility, in Johannesburg, is set to become a global engineering and manufacturing base for vibrating screens and feeders for both local and international customers,” said Kwatani CEO Kim Schoepflin.

“Customers in the vibrating equipment industry will benefit enormously from the combined resources of Sandvik and Kwatani,” she added.

The internationally recognised Kwatani brand will remain unchanged and Sandvik will further develop the Kwatani vibrating equipment brand globally, with increased access to the product through its global distribution network.

Customers will benefit further by having access to a vastly increased customer service network.

“We are known for our brand promise of being engineered for tonnage and we will continue to use the Kwatani brand across Africa and products sold internationally will be sold through the Sandvik sales channels under the Kwatani product name,” Schoepflin noted.

Additionally, Sandvik, through its global technology resources, will provide access to monitoring and automation processes, as well as access to its extensive research and development facilities, which include simulators.

“Customers in the vibrating equipment industry will benefit enormously from the combined resources of Sandvik and Kwatani”

Kim Schoepflin – CEO, Kwatani

“This will provide opportunities for driving efficiency arising from the advance of artificial intelligence in the Fourth Industrial Revolution and will significantly empower the process of cost-effective customization,” said Schoepflin.

This is significant and exciting for the South African economy and is in line with the South African government’s industrialisation strategy.

Kwatani will continue with its commitment to transformation and compliance with the South African Mining Charter, Schoepflin assures. 

Kwatani, previously known as JOEST KWATANI, is a locally owned and operated South African OEM that has been supplying the African mining industry with vibrating equipment for 46 years.

Sandvik Rock Processing Solutions, one of four different business areas in the Sandvik Group, is a leading global supplier of equipment, service and technical solutions for the mining and construction industries.

Its products and solutions are specifically used in crushing and screening, quarrying and breaking and demolition application.

Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals and insights from Africa’s business, economy and more. SUBSCRIBE HERE

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.