Sandvik to acquire Verisurf, terms not disclosed

Sandvik (SDVKY) has signed an agreement to acquire Verisurf Software, a U.S.-based 3D metrology software solutions provider. Verisurf will complement and enhance Sandvik’s position in industrial metrology and strengthen the combined digital manufacturing offering to small and mid-sized manufacturers. The company will be reported as a separate business unit within business area Sandvik Manufacturing and Machining Solutions. “Verisurf will strengthen our metrology offering and ability to support the growing customer demand for precision measurement and quality assurance in manufacturing. The acquisition fits very well with our strategy to grow in digital manufacturing and provide comprehensive solutions for our customers to drive efficiency and productivity,” says Stefan Widing, President and CEO of Sandvik. Verisurf has 44 employees and is headquartered in Anaheim, California, US. In 2024, the company had revenues of approximately SEK 130M. The impact on Sandvik’s EBITA margin and earnings per share will be limited. The parties have agreed not to disclose the purchase price. The transaction is expected to close during the second quarter of 2025, subject to customary regulatory approvals.