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acquisitionAnnounced · Feb 13, 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 2026-02-13. Figures and status may change as filings and press coverage update.
Feb 13, 2026 Sandvik Agrees to Acquire Training Simulator Firm ThoroughTec in 2026 The Swedish engineering group Sandvik has agreed to acquire ThoroughTec Simulation , a South Africa - based company specializing in equipment simulators and simulation- based training for the mining industry
Deal timeline
Announced
Feb 13, 2026 · indexbox.io
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: indexbox.io · Primary article · FireStrike proprietary index