Sandvik AB (publ) (OM:SAND) agreed to acquire Kwatani (Pty) Ltd on May 7, 2021. Kwatani will be reported in Stationary Crushing and Screening, a division in Sandvik Rock Processing Solutions. In 2020, Kwatani reported revenues of about SEK 175 million. Kwatani is headquartered in Johannesburg, South Africa, and has about 150 employees. The transaction is subject to relevant regulatory approvals. The transaction is approved by the Competition Tribunal of South Africa with conditions relating to B-BBEE shareholding. The transaction is expected to close during the fourth quarter of 2021. Kwatani's EBIT margin is slightly dilutive to Sandvik Rock Processing Solutions and impact on Sandvik's earnings per share will initially be neutral. Sandvik AB (publ) (OM:SAND) completed the acquisition of Kwatani (Pty) Ltd on December 9, 2021.