Sandvik Buys 3 US-based CAM resellers

Sandvik has acquired three U.S.-based resellers of computer-aided manufacturing (CAM) solutions in the Mastercam network, Barefoot CNC, CAD/CAM Solutions and CamTech Engineering Services. Additionally, Sandvik has acquired the probing and post-processor business lines of CIMCO Group, a Denmark-based developer of software solutions for computer-integrated manufacturing.  

Sandvik reports that with these businesses, it is strengthening its position in the CAM market and building on its capabilities to serve customers and expand the customer base. The acquisitions will be a part of business unit Mastercam and will be reported within business area Sandvik Manufacturing and Machining Solutions. 

“These acquisitions strengthen our regional presence and our ability to help our customers, and they support our strategy to grow within digital manufacturing,” says Stefan Widing, president and CEO of Sandvik. 

The acquired resellers serve manufacturing customers in the Southeast region of the United States. Barefoot CNC is headquartered in Morganton, NC, CAD/CAM Solutions is headquartered in Monroe, GA, and CamTech Engineering Services is headquartered in Port Orange, FL. CIMCO’s probing technology is a probing solution for CNC machines, enabling direct touch probe programming within Mastercam. CIMCO’s post-processor technology comprises software tools that translate Mastercam's output into machine-specific code.  

A total of 18 employees will transfer to Mastercam as a result of the acquisitions. The acquired businesses had a combined annual revenue, net, of around USD$6 million in 2024. The impact on Sandvik’s EBITA margin and earnings per share will be slightly positive. The parties have agreed not to disclose the purchase price.  

Sources: Press materials received from the company and additional information gleaned from the company’s website.