Sandvik to Acquire ThoroughTec Simulation to Expand Mining Training Solutions
Sandvik Acquires South Africa’s ThoroughTec to Strengthen Digital Mining and Operator Training Capabilities
Sandvik has announced the acquisition of South Africa-based ThoroughTec Simulation, a specialist in advanced mining equipment simulators and training management systems.
The company will be integrated into Sandvik’s Parts and Services division within its Mining business area.
The transaction, expected to close in the second quarter of 2026 subject to customary regulatory approvals, will enhance Sandvik’s digital mining ecosystem and aftermarket service offering. The purchase price was not disclosed.
Strengthening Operator Training and Safety
ThoroughTec develops OEM-agnostic training simulators that replicate real-world mining equipment operations. Its solutions enable mining companies to improve operator performance, enhance safety standards, and reduce equipment wear and maintenance costs.
The company also offers a comprehensive training management system that supports workforce development and performance tracking.
Sandvik stated that combining ThoroughTec’s simulation technology with its own digital and machine data platforms will allow mining customers to implement data-driven, customized operator training programs based on actual machine performance insights.
Strategic Fit with Sandvik’s Aftermarket Focus
Sandvik CEO Stefan Widing described the acquisition as a strategic addition that strengthens the group’s aftermarket capabilities.
“ThoroughTec is a strong complement to Sandvik. Its solutions enhance our ability to support customers in improving productivity and safety through advanced training technologies,” Widing said.
The move aligns with Sandvik’s broader strategy to expand recurring revenue streams through digital services, automation, and value-added lifecycle solutions.
Financial and Operational Profile
Headquartered in Durban, South Africa, ThoroughTec employs more than 200 people and operates an extensive global sales and support network. In 2025, the company generated approximately SEK 170 million in revenue and reported a strong EBITA margin.
Sandvik indicated that the acquisition is expected to have a positive, accretive impact on its EBITA margin.
Expanding Digital Mining Capabilities
The acquisition reinforces Sandvik’s push toward digitalization and automation in mining operations. As the sector increasingly adopts data-driven decision making and advanced operator training technologies, integrated simulation platforms are becoming a critical component of operational efficiency and workforce safety.
By incorporating ThoroughTec’s technology into its Mining division, Sandvik aims to deliver enhanced value across the equipment lifecycle from training and commissioning to performance optimization and maintenance.
