Headquartered in Belo Horizonte, MCB has operated on a joint venture partnership with Deswik since 2012. In September 2019, Deswik acquired 30% of the entity’s shares and the company was subsequently branded to ‘Deswik Brazil’.
The acquisition enables Deswik to gain full control over the Brazilian operations to accelerate the company’s growth within the Latin America market. MCB will form under Deswik within Sandvik’s Digital Mining Technologies division, further strengthening Deswik’s specialist competence.
Read the full press release: Sandvik expands in Latin America through the acquisition of MCB Services and Minerals
Read more about Deswik’s overseas expansion drive with MCB here.