Sandvik Steps Back from AM: A Strategic Exit After Years of AM Investment

Sandvik AB has announced the sale of its Additive Manufacturing business unit to Mimir, a Sweden-based global investment firm. The unit, which sits within Sandvik’s Machining business area,  produces metal powders for additive manufacturing, metal injection molding, and hot isostatic pressing, along with controlled expansion alloys for niche industrial uses. The transaction is expected to…