 SANDVIKEN, Sweden, Aug. 20, 2021 PRNewswire -- Sandvik has completed the previously announced acquisition of 67 of Chuzhou Yongpu Carbide Tools Co., Ltd, a China based premium solid round tools company, with a call option to buy the remaining part in three years time. The company had revenues of approximately SEK 400 million for the twelve month period Q2 2020 to Q1 2021, an EBIT margin slightly dilutive to Sandvik Manufacturing and Machining Solutions. 