Stockholm – October 12, 2026 -- Sandvik has acquired Mastercam India and select assets of CAD/CAM CONSULTING SERVICES INC. (CCCS), two long-standing Mastercam channel partners that together generated net annual revenue of around SEK 120 million in 2025.
Both companies will join the Mastercam business unit and report within the Intelligent Manufacturing business area. The deals follow a series of similar acquisitions Sandvik has made in recent years and are intended to strengthen local capabilities and widen its sales network across regions.
Mastercam India adds 41 employees and SEK 81 million in revenue
Mastercam India is headquartered in Pune, India. It employs 41 people and recorded net annual revenue of around SEK 81 million in 2025.
CCCS contributes 14 employees and SEK 39 million in revenue
CCCS is headquartered in California, US, and has 14 employees. Its net annual revenue was around SEK 39 million in 2025.
Sandvik expects limited impact on EBITA margin and earnings per share
The parties agreed not to disclose the purchase price. Sandvik said the effect on its EBITA margin and earnings per share will be limited.
CEO Widing frames deals as direct-channel strategy
Stefan Widing, President and CEO of Sandvik, said the acquisitions continue the group's strategy of strengthening direct sales channels for its software solutions. He said the companies have a strong foothold in their regions and give Sandvik more leverage to grow in digital manufacturing.