Note 14. Shares in Group companies
|
Parent Company |
|
|---|---|---|
|
|
|
|
2018 |
2019 |
Cost |
|
|
At the beginning of the year |
34,083 |
31,528 |
Additions |
4,793 |
5,825 |
Capital contributions |
93 |
6,068 |
Captial reductions |
— |
–27 |
Divestment |
–7,441 |
–350 |
Total |
31,528 |
43,044 |
|
|
|
Accumulated impairment losses |
|
|
At the beginning of the year |
–1,541 |
–751 |
Impairment losses for the year |
–13 |
— |
Impairment reversed for the year |
803 |
280 |
Total |
–751 |
–471 |
|
|
|
Accumulated revaluations |
|
|
At the beginning of the year |
16 |
0 |
Revaluations reversed for the year |
–16 |
— |
Total |
0 |
0 |
Carrying amount at year-end |
30,777 |
42,573 |
|
|
2018 |
2019 |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Company, domicile |
Corp. Reg. number |
No. of shares |
Holding, %2) |
Carrying amount 000s, SEK |
No. of shares |
Holding, %2) |
Carrying amount 000s, SEK |
||||||||||
|
|||||||||||||||||
SWEDEN |
|
|
|
|
|
|
|
||||||||||
Gimo Utbildningsaktiebolag, Gimo |
556061–4041 |
1,000 |
91 |
— |
1,000 |
91 |
3,656 |
||||||||||
Industri AB Skomab, Sandviken |
556008–8345 |
2,000 |
100 |
21,946 |
2,000 |
100 |
21,946 |
||||||||||
Sandvik Global Purchasing AB, Stockholm |
556052–4315 |
1,000 |
100 |
50 |
1,000 |
100 |
50 |
||||||||||
Sandvik Mining AB, Sandviken1) |
556659–6952 |
1,000 |
100 |
100 |
— |
— |
— |
||||||||||
AB Sandvik Coromant, Sandviken1) |
556234–6865 |
1,000 |
100 |
50 |
1,000 |
100 |
50 |
||||||||||
Sandvik Coromant Sverige AB, Stockholm1) |
556350–7846 |
1,000 |
100 |
100 |
1,000 |
100 |
100 |
||||||||||
Sandvik Far East Ltd. AB, Sandviken |
556043–7781 |
10,000 |
100 |
10,000 |
10,000 |
100 |
10,000 |
||||||||||
Sandvik Försäkrings AB, Sandviken |
516401–6742 |
1,500 |
100 |
81,000 |
1,500 |
100 |
81,000 |
||||||||||
Sandvik Besöksservice AB, Sandviken1) |
556235–3838 |
1,000 |
100 |
50 |
1,000 |
100 |
50 |
||||||||||
Sandvik Intellectual Property AB, Sandviken |
556288–9401 |
1,000,000 |
100 |
3,499,950 |
1,000,000 |
100 |
3,499,950 |
||||||||||
AB Sandvik International, Sandviken1) |
556147–2977 |
1,000 |
100 |
50 |
1,000 |
100 |
50 |
||||||||||
Sandvik Materials Technology EMEA AB, Stockholm |
556734–2026 |
501,000 |
100 |
50,100 |
501,000 |
100 |
5,782,350 |
||||||||||
AB Sandvik Materials Technology, Sandviken1) |
556234–6832 |
1,000 |
100 |
2,050 |
— |
— |
— |
||||||||||
Sandvik Construction AB, Sandviken1) |
556664–9983 |
1,000 |
100 |
100 |
1,000 |
100 |
100 |
||||||||||
Sandvik Mining and Construction Sverige AB, Sandviken1) |
556288–9443 |
1,000 |
100 |
50 |
1,000 |
100 |
50 |
||||||||||
Sandvik Mining and Construction Tools AB, Sandviken1) |
556234–7343 |
1,000 |
100 |
50 |
1,000 |
100 |
50 |
||||||||||
Sandvik Nora AB, Nora |
556075–0506 |
80,000 |
100 |
8,000 |
— |
— |
— |
||||||||||
Sandvik Powder Solutions AB, Surahammar |
556032–6760 |
600 |
100 |
60,000 |
— |
— |
— |
||||||||||
Sandvik Rotary Tools AB, Köping |
556191–8920 |
101,000 |
100 |
103,231 |
101,000 |
100 |
103,231 |
||||||||||
AB Sandvik Skogsfastigheter, Sandviken |
556579–5464 |
1,000 |
100 |
51 |
1,000 |
100 |
51 |
||||||||||
AB Sandvik Steel Investment, Sandviken |
556350–7853 |
1,000 |
100 |
100 |
1,000 |
100 |
100 |
||||||||||
Sandvik Stål Försäljnings AB, Stockholm1) |
556251–5386 |
1,000 |
100 |
50 |
1,000 |
100 |
50 |
||||||||||
Sanrip AB, Sandviken1) |
556692–0038 |
1,000 |
100 |
100 |
1,000 |
100 |
100 |
||||||||||
Sandvik Machining Solutions AB, Sandviken1) |
556692–0053 |
1,000 |
100 |
100 |
1,000 |
100 |
100 |
||||||||||
Sandvik Utbildnings AB, Sandviken |
556304–8791 |
910 |
91 |
18,355 |
910 |
91 |
28,342 |
||||||||||
Sandvikens Brukspersonals Byggnadsförening upa, Sandviken |
785500–1686 |
— |
100 |
0 |
— |
100 |
0 |
||||||||||
Dormer Pramet AB, Halmstad |
556240–8210 |
80,000 |
100 |
46,145 |
80,000 |
100 |
46,145 |
||||||||||
Walter Norden AB, Halmstad |
556752–4698 |
15,000 |
100 |
5,139 |
15,000 |
100 |
5,139 |
||||||||||
Sandvik Mining and Construction Köping AB, Köping1) |
556776–9525 |
1,000 |
100 |
100 |
1,000 |
100 |
100 |
||||||||||
Wire Sandviken AB, Sandviken1) |
556779–3897 |
1,000 |
100 |
100 |
1,000 |
100 |
100 |
||||||||||
Sandvik IT Services AB, Sandviken1) |
556788–9059 |
1,000 |
100 |
100 |
1,000 |
100 |
100 |
||||||||||
Sandvik Venture AB, Stockholm1) |
556868–7155 |
1,000 |
100 |
100 |
1,000 |
100 |
100 |
||||||||||
Sandvik Credit AB, Stockholm |
556843–7296 |
10,000 |
100 |
75,000 |
10,000 |
100 |
75,000 |
||||||||||
Seco Tools AB, Fagersta |
556071–1060 |
145,467,690 |
100 |
15,658,859 |
145,467,690 |
100 |
15,658,859 |
||||||||||
Sandvik PT AB, Sandviken |
556207–5191 |
— |
— |
— |
2,500 |
100 |
4,740,600 |
||||||||||
|
|
2018 |
2019 |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Country/Location |
Company |
No. of shares |
Holding, %2) |
Carrying amount 000s SEK |
No. of shares |
Holding, %2) |
Carrying amount 000s SEK |
||||||||||
|
|||||||||||||||||
Australia |
Sandvik Australia Pty. Ltd. |
— |
253,4) |
235,382 |
— |
253,4) |
235,382 |
||||||||||
|
Sandvik Australian Ltd. Partnership |
— |
99 |
— |
— |
99 |
— |
||||||||||
Brazil |
Sandvik Holding Do Brasil Ltda |
339,135,756 |
100 |
790,695 |
339,135,756 |
100 |
790,695 |
||||||||||
Bulgaria |
Sandvik Bulgaria Ltd. |
— |
100 |
0 |
— |
100 |
0 |
||||||||||
Chile |
Sandvik Credit Chile S.A. |
9,900 |
99 |
165,331 |
9,900 |
99 |
165,331 |
||||||||||
China |
Sandvik China Holding Co Ltd. |
— |
100 |
1,263,072 |
— |
100 |
1,579,078 |
||||||||||
|
Sandvik Materials Technology (China) Ltd. |
— |
583) |
282,749 |
— |
583) |
282,749 |
||||||||||
Czech Republic |
Sandvik CZ s.r.o. |
— |
100 |
0 |
— |
100 |
0 |
||||||||||
Democratic Republic of Congo |
Sandvik Mining and Construction DRC S.P.R.L. |
9,990 |
100 |
— |
9,990 |
100 |
4,898 |
||||||||||
Hungary |
Sandvik Magyarorszag Kft. |
— |
100 |
3,258 |
— |
100 |
3,258 |
||||||||||
India |
Sandvik Asia Ltd. |
1,801,241 |
755) |
252,481 |
1,801,241 |
755) |
252,481 |
||||||||||
Ireland |
Sandvik Mining and Construction Logistics Ltd. |
100 |
100 |
5,508 |
100 |
100 |
5,508 |
||||||||||
Japan |
Sandvik K.K. |
2,780,000 |
100 |
224,701 |
2,780,000 |
100 |
224,701 |
||||||||||
Korea |
Sandvik Korea Ltd. |
752,730 |
100 |
46,856 |
752,730 |
100 |
20,185 |
||||||||||
Mali |
Sandvik Mining and Construction Mali |
25,000 |
100 |
3,462 |
25,000 |
100 |
3,462 |
||||||||||
Mexico |
Sandvik Méxicana S.A. de C.V. |
406,642,873 |
903) |
712,312 |
406,642,873 |
903) |
712,312 |
||||||||||
Mongolia |
Sandvik Mongolia LLC. |
400,000 |
100 |
2,682 |
400,000 |
100 |
2,682 |
||||||||||
Netherlands |
Sandvik Finance B.V. |
18,788 |
100 |
7,093,582 |
18,788 |
100 |
7,093,582 |
||||||||||
|
Frost Holding B.V. |
1 |
100 |
0 |
1 |
100 |
1,105 |
||||||||||
Peru |
Sandvik del Perú S.A. |
6,562,795 |
903) |
26,025 |
6,562,795 |
903) |
26,025 |
||||||||||
Slovakia |
Sandvik Slovakia s.r.o. |
— |
100 |
1,238 |
— |
100 |
1,238 |
||||||||||
South Africa |
Sandvik Holding Southern Africa (Pty) Ltd |
— |
— |
— |
1,107,501 |
100 |
1,084,567 |
||||||||||
Turkey |
Sandvik Endüstriyel Mamüller Sanayi ve Ticaret A.S. |
125,154,588 |
100 |
3,200 |
125,154,588 |
100 |
3,200 |
||||||||||
UAE |
Sandvik Middle East FZE. |
1 |
100 |
19,886 |
1 |
100 |
19,886 |
||||||||||
Zimbabwe |
Sandvik Mining and Construction Zimbabwe (Pty) Ltd. |
233,677 |
100 |
3,269 |
233,677 |
100 |
3,269 |
||||||||||
Total |
|
|
|
30,776,865 |
|
|
42,573,113 |
||||||||||
Country/Location |
Company |
2018 |
2019 |
||
|---|---|---|---|---|---|
|
|||||
Sweden |
Sandvik Treasury AB |
100 |
100 |
||
|
Sandvik Materials Technology Treasury AB |
— |
100 |
||
|
Metrolog Services Nordic AB |
100 |
100 |
||
|
SETP Invest AB |
100 |
100 |
||
|
Sandvik Invest Aktiebolag |
100 |
100 |
||
|
Seco AB |
100 |
100 |
||
|
Pramet Scandinavia AB |
— |
100 |
||
|
AB Sandvik KPS |
100 |
— |
||
|
Sandvik Heating Technology AB |
100 |
100 |
||
|
Sandvik Mining and Construction Haparanda AB |
100 |
100 |
||
|
Sandvik SRP AB |
100 |
100 |
||
Argentina |
ESIP Energy S.A. |
50 |
50 |
||
|
Seco Tools Argentina S.A. |
100 |
100 |
||
|
Sandvik Argentina S.A. |
100 |
100 |
||
|
Sandvik Mining and Construction Argentina S.A. |
100 |
100 |
||
Armenia |
Sandvik Mining and Rock Technology AM LLC |
100 |
100 |
||
Australia |
Sandvik Australia Pty Ltd |
— |
100 |
||
|
Sandvik Credit Pty Ltd |
100 |
100 |
||
|
Sandvik Australian Limited Partnership |
100 |
100 |
||
|
Sandvik Mining and Construction Australia (Production/Supply) Pty Ltd |
100 |
100 |
||
|
NTX Australia Pty Ltd |
— |
100 |
||
|
Varel International (Australia) Pty Ltd |
— |
100 |
||
|
Seco Tools Australia Pty Ltd |
100 |
100 |
||
|
Sandvik Australia Holdings Pty Ltd |
100 |
100 |
||
|
Sandvik Mining and Construction Australia Pty Ltd |
100 |
100 |
||
Austria |
Sandvik in Austria Gesellschaft GmbH |
100 |
100 |
||
|
Walter Austria GmbH |
100 |
100 |
||
|
Wolfram Bergbau und Hütten AG |
100 |
100 |
||
|
Seco Tools Gesellschaft GmbH |
100 |
100 |
||
|
Sandvik Mining and Construction G.m.b.H. |
100 |
100 |
||
|
Sandvik Mining and Construction Materials Handling GmbH & Co KG |
100 |
100 |
||
|
Sandvik Mining and Construction Materials Handling GmbH |
100 |
100 |
||
Belgium |
Walter Benelux N.V./S.A. |
100 |
100 |
||
|
S.A. Seco Tools Benelux N.V. |
100 |
100 |
||
Botswana |
Sandvik Botswana (Pty) Ltd |
100 |
100 |
||
Brazil |
Sandvik Coromant Do Brasil Industria e Comercio de Ferramentas Ltda |
100 |
100 |
||
|
Walter do Brazil Ltda |
100 |
100 |
||
|
Dormer Pramet Solucoes Para Usinagem Ltda |
100 |
100 |
||
|
Sandvik Materials Technology do Brasil Industria e Comercio Ltda |
100 |
100 |
||
|
Sandvik Holding do Brazil Ltda |
100 |
100 |
||
|
Seco Tools Indústria e Comércio Ltda. |
100 |
100 |
||
|
Sandvik MGS S.A. |
100 |
100 |
||
|
Sandvik Mining and Rock Technology do Brasil Ltda |
100 |
100 |
||
Burkina Faso |
Sandvik Mining and Rock Technology Burkina Faso SARL |
100 |
100 |
||
Canada |
Systéme Guardian Inc. |
— |
100 |
||
|
Sandvik Canada, Inc. |
100 |
100 |
||
|
Newtrax Holdings Inc |
— |
100 |
||
|
Inrock Ltd. |
100 |
100 |
||
|
Newtrax Technologies Inc |
— |
100 |
||
|
Varel Rock Bits Canada Inc |
100 |
100 |
||
Chile |
Sandvik Chile S.A. |
100 |
100 |
||
|
NTX Chile SpA |
— |
100 |
||
|
Sandvik Credit Chile S.A. |
100 |
100 |
||
|
Sandvik Mining and Construction Chile S.A. |
100 |
100 |
||
China |
Sandvik Tooling Production (Langfang) Co. Ltd |
100 |
100 |
||
|
Sandvik Materials Technology (China) Co., Ltd |
100 |
100 |
||
|
Sandvik International Trading (Shanghai) Co Ltd |
100 |
100 |
||
|
Walter Wuxi Co. Ltd. |
100 |
100 |
||
|
Sandvik Coromant Cutting Tools (Shanghai) Ltd |
100 |
100 |
||
|
Sandvik Rock Tools Technology (Wuxi) Co., Ltd |
100 |
100 |
||
|
Varel Beijing Trading Co Ltd |
100 |
100 |
||
|
Dormer Tools (Shanghai) Co Ltd |
100 |
100 |
||
|
Sandvik Logistics (Shanghai) Co. Ltd |
100 |
100 |
||
|
Seco Tools (Shanghai) Co Ltd |
100 |
100 |
||
|
Kunshan Ousike Precision Tools Co., Ltd |
— |
100 |
||
|
Seco Tools Manufacturing (Shanghai) Co Ltd |
100 |
100 |
||
|
Pramet Tools (Shanghai) Co Ltd |
100 |
100 |
||
|
Sandvik Mining and Construction Trading (Shanghai) Co. |
100 |
100 |
||
|
Shanghai Jianshe Luqiao Machinery Co. Ltd |
80 |
80 |
||
|
Shandong Energy Machinery Group ZhongRui Minig Equipment |
50 |
50 |
||
|
Sandvik Mining and Construction (China) Co Ltd |
100 |
100 |
||
|
Sandvik Mining and Construction (Luoyang) Co Ltd |
100 |
100 |
||
|
Jinan Lingong Mining and Rock Technology Co Ltd |
65 |
65 |
||
Colombia |
Sandvik Colombia S.A.S. |
100 |
100 |
||
Czech Republic |
WALTER CZ s.r.o. |
100 |
100 |
||
|
Seco Tools CZ s.r.o. |
100 |
100 |
||
|
Dormer Pramet s.r.o. |
100 |
100 |
||
Denmark |
Sandvik A/S |
100 |
100 |
||
|
Seco Tools A/S |
100 |
100 |
||
DR Congo |
Sandvik Mining & Construction DRC S.P.R.L |
100 |
100 |
||
Finland |
Seco Tools Oy |
100 |
100 |
||
|
Sandvik Mining and Construction Oy |
100 |
100 |
||
|
Sandvik Mining and Construction Finland OY |
100 |
100 |
||
|
Tamrock Oy |
100 |
100 |
||
|
Oy Tampella Ab |
— |
100 |
||
|
Sandvik Coromant Finland Oy |
100 |
100 |
||
|
Tammerfors Linne och Jern Ab |
— |
100 |
||
France |
Sandvik Holding France S.A.S |
100 |
100 |
||
|
Sandvik Tooling France S.A.S |
100 |
100 |
||
|
Sandvik Materials Technology France SAS |
100 |
100 |
||
|
Walter France S.A.S. |
100 |
100 |
||
|
Gunther Tools |
100 |
100 |
||
|
Varel Europe S.A.S. |
100 |
100 |
||
|
Sandvik Coromant Inserts France S.A.S |
100 |
100 |
||
|
Sandvik Mining and Construction Lyon S.A.S |
100 |
100 |
||
|
Sandvik Mining and Construction France S.A.S |
100 |
100 |
||
|
Financiere Metrolog SAS |
100 |
100 |
||
|
Metrologic Group SAS |
100 |
100 |
||
|
Metrologic Services SAS |
100 |
100 |
||
|
A.O.B. S.A.S |
100 |
100 |
||
|
Seco Tools France S.A.S. |
100 |
100 |
||
|
SECO Tools tooling systems SAS |
100 |
100 |
||
|
Seco Ressources et Finances SA |
100 |
100 |
||
|
Seco Tools Reaming SAS |
100 |
100 |
||
Gabon |
Varel Gabon SARL |
100 |
100 |
||
Germany |
Sandvik Materials Technology Deutschland GmbH |
100 |
100 |
||
|
Walter Deutschland GmbH |
100 |
100 |
||
|
Sandvik Tooling Deutschland GmbH |
100 |
100 |
||
|
Walter AG |
100 |
100 |
||
|
TDM Systems GmbH |
100 |
100 |
||
|
Comara GmbH |
100 |
100 |
||
|
Werner Schmitt PKD–Werkzeug GmbH |
100 |
100 |
||
|
Prototyp–Werke GmbH |
100 |
100 |
||
|
Metrologic Group GmbH |
100 |
100 |
||
|
Protomedical GmbH |
100 |
100 |
||
|
Sandvik Mining and Construction Deutschland GmbH |
100 |
100 |
||
|
Sandvik Mining and Construction Central Europe GmbH |
100 |
100 |
||
|
Sandvik Mining and Construction Crushing Technology GmbH |
100 |
100 |
||
|
Seco Tools GmbH |
100 |
100 |
||
|
Sandvik Holding GmbH |
100 |
100 |
||
Ghana |
Sandvik Mining & Construction Ghana Limited |
100 |
100 |
||
Hong Kong |
Smooth Team Investments Limited |
100 |
100 |
||
|
Sandvik Hongkong Ltd BA SMC |
100 |
100 |
||
Hungary |
Walter Hungaria Kft |
100 |
100 |
||
|
Seco Tools Kft |
100 |
100 |
||
|
Pramet Kft |
100 |
100 |
||
India |
Sandvik Asia Private Limited |
100 |
100 |
||
|
Walter Tools India Private Limited |
100 |
100 |
||
|
Seco Tools India Private Limited |
100 |
100 |
||
|
Dormer Tools India Private Limited |
100 |
100 |
||
Indonesia |
PT Sandvik Indonesia |
100 |
100 |
||
|
PT Sandvik Mining and Construction Indonesia |
100 |
100 |
||
|
PT Seco Tools Indonesia |
100 |
100 |
||
|
PT Sandvik SMC |
100 |
100 |
||
Italy |
Sandvik Italia S.p.A. |
100 |
100 |
||
|
SSC Holding Italia SRL |
100 |
100 |
||
|
Walter Italia SRL |
100 |
100 |
||
|
Metrologic Group Italia S.R.L. |
100 |
100 |
||
|
Seco Tools Italia S.p.A SU |
100 |
100 |
||
Japan |
Walter Japan K.K. |
100 |
100 |
||
|
Seco Tools Japan K.K. |
100 |
100 |
||
|
Sandvik Tooling Supply Japan K.K. |
100 |
100 |
||
Kazakhstan |
Sandvik Mining and Construction Kazakhstan Ltd |
100 |
100 |
||
Korea |
Walter Korea Ltd |
100 |
100 |
||
|
Seco Tools Korea Ltd |
100 |
100 |
||
|
Sandvik SuhJun Ltd |
100 |
100 |
||
Malaysia |
Sandvik Malaysia Sdn Bhd |
100 |
100 |
||
|
Seco Tools Sdn Bhd |
100 |
100 |
||
|
Walter Malaysia Sdn Bhd |
100 |
100 |
||
|
Downhole Products Asia Sdn Bhd |
100 |
100 |
||
|
Sandvik Mining And Construction (M) Sdn Bhd |
100 |
100 |
||
Mexico |
NTX Mining Services S de RL de CV |
— |
100 |
||
|
Sandvik SA de CV |
100 |
100 |
||
|
Sandvik Hard Materials de Mexico S.A. de C.V. |
100 |
100 |
||
|
Walter Tools S.A. de C.V. |
100 |
100 |
||
|
Sandvik de Mexicana S.A. |
100 |
100 |
||
|
Varel de Mexico S.A. de C.V. |
100 |
100 |
||
|
Varel International de Mexico S.A. de C.V. |
100 |
100 |
||
|
Valenite de Mexico |
100 |
100 |
||
|
Seco Tools de Mexico S.A. de C.V. |
100 |
100 |
||
|
Sandvik Mining and Construction de Mexico S.A. de C.V. |
100 |
100 |
||
Morocco |
Seco Tools S.A. |
100 |
100 |
||
Mozambique |
Sandvik Mining & Construction Mozambique Lda |
100 |
100 |
||
Namibia |
Sandvik Namibia (Pty) Ltd |
100 |
100 |
||
Netherlands |
Sandvik Benelux B.V. |
100 |
100 |
||
|
Sandvik DC Venlo BV |
100 |
100 |
||
|
Jabro Tools BV |
100 |
100 |
||
|
Sandvik Mining and Construction B.V. |
100 |
100 |
||
New Zealand |
Sandvik New Zealand Ltd |
100 |
100 |
||
Nigeria |
Sandvik Mining & Construction Nigeria Limited |
100 |
100 |
||
|
Varel International Nigeria Limited |
75 |
75 |
||
Norway |
Sandvik Teeness AS |
100 |
100 |
||
|
Seco Tools AS |
100 |
100 |
||
|
Sandvik Norge AS |
100 |
100 |
||
Papua New Guinea |
Sandvik Mining and Construction PNG Limited |
100 |
100 |
||
Peru |
Sandvik del Peru S.A. |
100 |
100 |
||
|
Newtrax Peru Sociedad Anonima Cerrada |
— |
100 |
||
|
Sandvik Forestal S.A. |
100 |
100 |
||
|
Varel International Industries L.P Sucursal Del Peru |
100 |
100 |
||
Philippines |
Sandvik Philippines Inc |
100 |
100 |
||
|
Sandvik Tamrock Philippines Inc |
100 |
100 |
||
Poland |
Sandvik Polska Sp. Z.o.o. |
100 |
100 |
||
|
Walter Polska SP. Z.o.o. |
100 |
100 |
||
|
Seco Tools Sp Z.o.o. |
100 |
100 |
||
|
Pramet Sp. Z.o.o. |
100 |
100 |
||
Portugal |
Seco Tools Portugal Lda |
100 |
100 |
||
Romania |
Sandvik SRL |
100 |
100 |
||
|
Walter Tools SRL |
100 |
100 |
||
|
Seco Tools Romania SRL |
100 |
100 |
||
Russia |
Newtrax Rus LLC |
— |
100 |
||
|
LLC Walter |
100 |
100 |
||
|
Sandvik MKTC OAO |
100 |
100 |
||
|
LLC Sandvik |
100 |
100 |
||
|
Varel NTS, LLC |
100 |
100 |
||
|
LLC Pramet |
100 |
100 |
||
|
LLC Seco Tools |
100 |
100 |
||
|
Sandvik Mining and Construction CIS LLC |
100 |
100 |
||
Saudi Arabia |
Varel Arabia Company Limited |
75 |
75 |
||
Serbia |
Seco Tools SRB d.o.o. |
100 |
100 |
||
Singapore |
Walter AG Singapore Pte Ltd |
100 |
100 |
||
|
Sandvik South East Asia Ptd Ltd |
100 |
100 |
||
|
Seco Tools (SEA) Pte Ltd |
100 |
100 |
||
|
Sandvik Mining and Construction S.E. Asia Pte Ltd |
— |
100 |
||
Slovakia |
PRAMET Slovakia spol sro |
100 |
100 |
||
|
Walter Slovakia s.r.o. |
100 |
100 |
||
|
Seco Tools SK, s.r.o. |
100 |
100 |
||
Slovenia |
Sandvik D.o.o. |
100 |
100 |
||
|
Walter Tools, d.o.o. |
— |
100 |
||
|
Seco Tools SI d.o.o. |
100 |
100 |
||
South Africa |
Sandvik (Pty) Ltd |
100 |
100 |
||
|
Sandvik Credit South Africa (Pty) Ltd |
100 |
100 |
||
|
Seco Tools South Africa (Pty) Ltd |
100 |
100 |
||
|
Sandvik Mining RSA (Pty) Ltd |
75 |
75 |
||
|
Sandvik Mining & Construction Delmas (Pty) Ltd |
100 |
100 |
||
Spain |
Sandvik Espanola |
100 |
100 |
||
|
Walter Tools Iberica S.A.U. |
100 |
100 |
||
|
Metrologic Group Spain S.L. |
100 |
100 |
||
|
Seco Tools Espana S.A. |
100 |
100 |
||
Switzerland |
Sandvik Holding AG |
100 |
100 |
||
|
Sandvik AG |
100 |
100 |
||
|
Walter (Schweiz) AG |
100 |
100 |
||
|
Santrade Ltd |
100 |
100 |
||
|
Varel International Engineering Resources SA |
100 |
100 |
||
|
Seco Tools AG |
100 |
100 |
||
Taiwan |
Sandvik Taiwan Ltd |
100 |
100 |
||
|
Seco Tools (S.E.A.) Taiwan Branch |
100 |
100 |
||
Tanzania |
Sandvik Mining & Construction Tanzania Limited |
98 |
98 |
||
Thailand |
Sandvik Thailand Limited |
91 |
91 |
||
|
Walter (Thailand) Co Ltd |
100 |
100 |
||
|
Seco Tools (Thailand) Co Ltd |
100 |
100 |
||
Turkey |
Walter Cutting Tools Industry and Trade LLC |
100 |
100 |
||
|
Seco Tools Kesici Takimlar Makina San.Tic.A.S. |
100 |
100 |
||
Ukraine |
Sandvik Ukraine |
100 |
100 |
||
|
LLC Seco Tools Ukraine |
100 |
100 |
||
United Arab Emirates |
Downhole Products Middle East Fze |
100 |
100 |
||
United Kingdom |
Sandvik Holdings Ltd |
100 |
100 |
||
|
Sandvik Materials Limited |
100 |
100 |
||
|
Sandvik Ltd |
100 |
100 |
||
|
Walter GB Ltd |
100 |
100 |
||
|
Dormer Tools Ltd |
100 |
100 |
||
|
BTA Heller Drilling Systems Ltd |
100 |
100 |
||
|
Inrock Ltd. (UK) |
100 |
100 |
||
|
Varel (UK) Limited |
100 |
100 |
||
|
Downhole Products UK Holdco II Limited |
100 |
100 |
||
|
Downhole Products UK Holdco Limited |
100 |
100 |
||
|
Downhole Products Limited |
100 |
100 |
||
|
Ian Hay (Engineering) Ltd |
100 |
100 |
||
|
Seco Tools (UK) Limited |
100 |
100 |
||
|
Tamrock Great Britain Holdings Ltd |
100 |
100 |
||
|
Fintec Crushing and Screening Limited |
100 |
100 |
||
|
Sandvik Osprey Ltd |
100 |
100 |
||
USA |
Sandvik Special Metals LLC |
100 |
100 |
||
|
PennPower Inc |
100 |
100 |
||
|
Sandvik, Inc. |
100 |
100 |
||
|
Sandvik Customer Finance LLC |
100 |
100 |
||
|
Walter USA LLC |
100 |
100 |
||
|
TDM Systems Inc |
100 |
100 |
||
|
Sandvik Machining Solutions USA LLC |
100 |
100 |
||
|
Dura–Mill, Inc. |
100 |
100 |
||
|
Advanced Theodolite Technology, Inc. |
100 |
100 |
||
|
Metrologic Group Services, Inc. |
100 |
100 |
||
|
MG USA Properties, Inc. |
100 |
100 |
||
|
Precorp Inc |
100 |
100 |
||
|
uFab LLC |
100 |
100 |
||
|
Dormer Pramet LLC |
100 |
100 |
||
|
Varel Group |
100 |
100 |
||
|
Varel International Energy Services Inc. |
100 |
100 |
||
|
Varel International Holdings Inc |
100 |
100 |
||
|
Valenite LLC |
100 |
100 |
||
|
Sandvik Materials Technology LLC |
100 |
100 |
||
|
Varel International Ind. LLC |
100 |
100 |
||
|
Downhole Products Holdings USA Inc. |
100 |
100 |
||
|
Aberdeen Products, Inc. |
100 |
100 |
||
|
Varel Newtech Holdings Inc |
50 |
50 |
||
|
Wetmore Tool and Engineering Company |
— |
100 |
||
|
Artisan Vehicle Systems, Inc. |
— |
100 |
||
|
Tamcorp Inc USA |
100 |
100 |
||
|
Thermaltek, LLC |
— |
100 |
||
|
Inrock Drilling Systems, inc. |
100 |
100 |
||
|
Inrock Acquisitions, Inc. |
100 |
100 |
||
|
Pennsylvania Extruded Tube Co. (PEXCO) |
70 |
70 |
||
|
Diamond Tool Coating, LLC |
100 |
100 |
||
|
Niagara Cutter LLC |
100 |
100 |
||
|
Seco Tools, LLC |
100 |
100 |
||
|
Sandvik Wire and Heating Technology Corporation |
100 |
100 |
||
|
Sandvik Thermal Process Inc. |
100 |
100 |
||
|
Sandvik Mining and Construction USA LLC |
100 |
100 |
||
|
Melin Tool Company, Inc. |
— |
100 |
||
|
Custom Electric Manufacturing LLC |
100 |
100 |
||
|
Artisan Vehicle, Inc. |
— |
100 |
||
Vietnam |
Sandvik Vietnam Company Ltd |
100 |
100 |
||
|
Seco Tools Vietnam Co Ltd |
100 |
100 |
||
Zambia |
Sandvik Mining & Construction Zambia Limited |
100 |
100 |
||