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acquisitionAnnounced · Feb 12, 2026MiningSource · CredibleArticle · Factual
Sandvik acquires ThoroughTec Simulation
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
—
Target
ThoroughTec Simulation
Oakville, Ontario
Acquirer
Sandvik
Full Acquisition
Status
Pending
Sandvik agreed to acquire ThoroughTec Simulation. Reported deal value: Undisclosed. Status: Pending. Sector: Mining. Target headquarters context: Oakville, Ontario, Canada.
This page summarizes publicly available information about the transaction as of 2026-02-12. Figures and status may change as filings and press coverage update.
Credit: ThoroughTec Simulation Sandvik said on Thursday it is acquiring South Africa ThoroughTec Simulation and will integrate it into the parts and services division of the group mining business unit
Deal timeline
Announced
Feb 12, 2026 · mining.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Mining. Figures and status may change as sources update.
Sources: mining.com · Primary article · FireStrike proprietary index