Sandvik wraps up ThoroughTec deal


Staff reporter

Sandvik has completed its acquisition of South Africa’s ThoroughTec Simulation, a leading manufacturer and supplier of mining and defence equipment training simulators.

ThoroughTec is now part of Sandvik’s dominant mining business, within parts and services.

Durban-headquartered ThoroughTec generated circa-US$17.5 million of 2025 revenues “with a strong EBITA margin”, according to Sandvik. “The impact on Sandvik’s EBITA margin will be accretive.”

It had more than 200 employees.

 

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