Sandvik acquires Doncasters Medical Technologies

Sandvik acquires Doncasters Medical Technologies

Sandvik Materials Technology has reached an agreement with Doncasters Group Ltd,
to acquire the Doncasters Medical Technologies division. The acquisition is
expected to be completed during the second quarter of 2007.

Doncasters Medical Technologies is a world-leading contract manufacturer of
orthopaedic implants and instruments to the medical industry. The products are
produced in high-alloy stainless materials, titanium and cobalt-based alloys.
The customers are leading medical technology companies that sell directly to
hospitals and physician clinics. 

The turnover in 2006 amounted to SEK 500 M (USD 70 M) with some 430 employees.
Operations are based in UK, USA and Mexico.
Sandvik's existing operations in the medical segment include development and
manufacture of high-alloy materials in stainless steel, titanium and cobalt
chrome. The materials are used in medical applications such as implants,
surgical instruments and pacemakers. 

Through the acquisition Sandvik strengthens its position in the strategically
important and rapidly growing medical segment. The combination of Doncasters
Medical Technologies' core expertise as a manufacturer of medical implants and
instruments and Sandvik Materials Technology's core competence in materials and
surface technology development, machining and production creates a unique
company in the medical market. 

“Doncasters Medical Technologies fits well into Sandvik Materials Technology's
core operations and long-term strategy. The acquisition provides us with the
expertise needed to secure a unique position within manufacturing and
development of orthopaedic implants and instruments. Doncasters Medical
Technologies' applications know-how provides us the possibility to develop our
materials offering to the medical segment,” says Peter Gossas, President of
Sandvik Materials Technology.


Sandviken, 12 June 2007

Sandvik AB; (publ)


For further information, contact Peter Gossas, President Sandvik Materials
Technology, tel +46 26 26 33 33 or Jan Lissåker, Vice President Investor
Relations, Sandvik AB, tel +46 26 26 10 23.

Sandvik is a global industrial group with advanced products and world-leading
positions in selected areas - tools for metal cutting, machinery and tools for
rock excavation, stainless materials, special alloys, metallic and ceramic
resistance materials as well as process systems. The Group had at the end of
2006 about 42,000 employees and representation in 130 countries, with annual
sales of more than SEK 72,000 M.

Sandvik Materials Technology is a business area within the Sandvik Group and a
world-leading manufacturer of high value-added products in advanced stainless
materials, special alloys, metallic and ceramic resistance materials as well as
process systems. Annual sales are about SEK 19,300 M with 8,600 employees. The
product areas comprise Tube, Strip, Wire, Kanthal and Process Systems.

Doncasters Group Ltd, is a leading international manufacturer of performance and
tolerance critical engineering components for a variety of end market
applications. Doncasters excels in working with alloys and metals that are
difficult to shape and form. The company's unparalleled range of products and
processes has been developed to offer customers a broad, vertically integrated
capability. Core manufacturing processes include precision casting, forging,
fabrication, machining and production of superalloys. Doncasters operates from
sites across Europe, USA and Mexico.