Parent Company: Sandvik
Spinoff Company: Alleima (Sandvik Materials Technology)
Announced Date: 2021/10/18
Spin-off Date: 2022/08/31
Target Date: Q2/Q3 2022
Info Brochure (PDF)
5:1 distribution ratio (1 Alleima shares for 5 Sandvik shares) so that in total 250m shares will be outstanding. No other financial instruments are issued in the distribution.
Alleima accounts for roughly 14% of Sandviks revenues and had adjusted EBIT of 1m SEK in 2021.