(Sandvik: Stockholm) -- Sandvik has signed an agreement to acquire Osa Demolition Equipment (OSA), an Italy-based manufacturer of demolition tools and hydraulic hammers. OSA will be reported as a business unit within the Attachment Tools division of Sandvik Rock Processing Solutions.

OSA’s range of attachment tools will enhance Sandvik’s offerings and position in the demolition and recycling segment. Furthermore, the acquisition will provide additional growth opportunities by leveraging Sandvik’s large network of distributors. Today, OSA’s main market is within Europe, although the company also has a presence in Australia and the U.S.

“This acquisition is a step in our strategy to expand in attractive niches within Sandvik Rock Processing Solutions. We look forward to welcoming OSA to the group,” says Stefan Widing, president and CEO of Sandvik.

 …