Sandvik and Cortech signs collaboration agreement
Sandvik and Cortech have today signed an agreement under which Cortech will distribute Sandvik exploration tooling (RC and coring drill rods, bits, wireline and exploration products) and will be the agent in China for Sandvik exploration drill rigs.
A collaboration agreement was also signed under which the two companies will utilize commercial and technical synergies of both companies. This is the first stage of planned long-term commercial and technical cooperation in many fields, including joint R&D, manufacturing and sales.
Cortech is the largest manufacturer of fully hydraulic modern exploration drill rigs in China.
Sandvik and Cortech are now actively working to formalize the alliance and collaboration that will focus on R&D, manufacturing and marketing. The alliance will allow clients to enjoy better service and more advanced equipment and tooling from both companies. The close cooperation between Sandvik and Cortech will allow both parties to utilize their resources and networks for the benefit of the global exploration drilling industry.
For further information, please contact:
Satu Rämö
Global Marketing Communication Manager
Sandvik Construction
Office Phone: +358 205 44 151
Mobile Phone: +358 40 537 4020
E-mail: satu.ramo@sandvik.com