Sandvik Coromant acquires German company Prometec

Sandvik Coromant strengthens its offering in Digital Manufacturing by the acquisition of the German company Prometec GmbH, based in Aachen. Prometec is a supplier of advanced solutions for monitoring and control of machining processes in production machines.

The acquisition includes all shares in Prometec GmbH. Prometec will be integrated with Sandvik Coromant, a Product Area within Sandvik Machining Solutions. The acquisition of Prometec is a step forward in Sandvik Machining Solutions’ focus on digital solutions and to further drive the development of digital offerings to customers and add value to the customers' value chain.

New Managing Director for Prometec GmbH is Dr. Klaus Christoffel, previously Manager Product Management & Design for Sandvik Coromant in Germany:

"The acquisition is a natural step in line with the Sandvik Coromant long-term strategy to develop attractive solutions in the field of digital manufacturing, also called Industry 4.0. In this area, we want to offer our customers monitoring solutions that support both, the planning and the control of production. Sandvik Coromant already has a product offering within Digital Manufacturing and by the acquisition of Prometec, we can offer our customers new opportunities for providing solutions across the value chain,” said Dr. Klaus.