Sandvik has acquired three US-based CAM resellers and CIMCO's probing technology, reinforcing its position in the digital manufacturing market.
Target Information
Sandvik has successfully acquired three US-based resellers operating within the Computer Aided Manufacturing (CAM) solutions sector under the Mastercam network. These entities are Barefoot CNC, CAD/CAM Solutions, and CamTech Engineering Services. Additionally, Sandvik has broadened its portfolio by acquiring the probing and post processor business lines from CIMCO Group, a Denmark-based innovator in software solutions for computer-integrated manufacturing. With these acquisitions, Sandvik is poised to enhance its service offerings and expand its market reach.
Industry Overview
The CAM industry in the United States is witnessing notable growth, driven by the increasing demand for automation in manufacturing processes. As manufacturers strive for greater efficiency and precision, the adoption of CAM solutions is becoming a strategic imperative. The Southeast region, where the acquired resellers operate, is particularly significant due to its robust manufacturing sector, which includes aerospace, automotive, and electronics.
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The US CAM market is characterized by rapid technological advancements, such as the integration of artificial intelligence and machine learning into CAM systems, enhancing the capabilities of manufacturing p
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Sandvik
invested in
Barefoot CNC, CAD/CAM Solutions, CamTech Engineering Services, CIMCO Group
in 2025
in a Buyout deal
Disclosed details
Revenue: $6M