Sandvik Expands Digital Manufacturing Presence Through Mastercam India and CCCS Deals

Sandvik Expands Digital Manufacturing Presence Through Mastercam India and CCCS Deals

(IN BRIEF) Sandvik has acquired Mastercam India and selected assets of California-based CAD/CAM CONSULTING SERVICES INC. (CCCS), two long-standing Mastercam channel partners. The transactions will bring the businesses into Sandvik’s Mastercam unit within its Intelligent Manufacturing business area, strengthening direct sales and local customer support in India and the United States. Mastercam India had 41 employees and approximately SEK 81 million in 2025 net revenue, while CCCS had 14 employees and about SEK 39 million in 2025 net revenue. The purchase price was not disclosed, and the financial impact on Sandvik is expected to be limited.

(PRESS RELEASE) STOCKHOLM, 8-Jul-2026 — /EuropaWire/ — Sandvik has acquired Mastercam India and selected assets of CAD/CAM CONSULTING SERVICES INC. (CCCS), expanding its direct sales capabilities for computer-aided manufacturing software in India and the United States.

Both businesses have been long-standing channel partners for Mastercam. Following the transactions, Mastercam India and the acquired CCCS assets will become part of Sandvik’s Mastercam business unit within the Intelligent Manufacturing business area.

The acquisitions continue Sandvik’s strategy of bringing selected software distribution activities closer to its direct sales organisation. The company said the transactions will strengthen local market capabilities and broaden its sales reach in key manufacturing regions.

Mastercam India is based in Pune and employs 41 people. The company generated annual net revenue of approximately SEK 81 million in 2025.

CCCS is headquartered in California and has 14 employees. Its annual net revenue was around SEK 39 million in 2025.

Stefan Widing, President and Chief Executive Officer of Sandvik, said the acquisitions support the company’s continued investment in direct sales channels for its software portfolio.

“I am pleased that we continue to execute on our strategy of enhancing the direct sales channels of our software solutions,” said Widing. “These companies have a strong foothold in their respective regions and give Sandvik further leverage to grow in the digital manufacturing.”

Sandvik said the effect of the acquisitions on its EBITA margin and earnings per share is expected to be limited. The parties have agreed not to disclose the purchase price.

Sandvik Group
Sandvik is a global, industrial technology group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2025 the Group had approximately 42,000
employees and revenues of about SEK 121 billion in more than 150 countries.

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SOURCE: Sandvik AB