Sandvik completes acquisition of Cimquest

Sweden’s Sandvik AB has acquired Cimquest, a US based reseller of Computer Aided Manufacturing (CAM) solutions and a distributor of additive products, mainly 3D printers for both metal and polymers.

Image copyright © Dzmitry - Adobe Stock.
Image copyright © Dzmitry - Adobe Stock.

Cimquest is one of the largest resellers in the Mastercam network. Mastercam is a global provider of CAD/CAM software solutions for manufacturing industries, and is owned by Sandvik.

With the acquisition, Sandvik strengthens its position in the CAM market and further builds on its capabilities to serve customers and expand the customer base. Cimquest will be a part of business unit Mastercam and will be reported within business area Sandvik Manufacturing and Machining Solutions.

"The acquisition of Cimquest is another step in our strategic direction to grow in the digital manufacturing space, and an important investment in Mastercam's channels. This will strengthen our presence within CAM, expand our ability to serve customers and improve our growth platform going forward,” said Stefan Widing, president and CEO of Sandvik.