Sandvik Venture has acquired the German company Techno Partner Samtronic GmbH, (TPS), a manufacturer of scattering machines and double belt presses. The company´s core capabilities are reinforced Teflon belt-based double belt press machines. TPS offer consists of new equipment, feed/scattering units and service and spare parts. The acquisition further strengthens Sandvik´s position in the composites segment. In turn, this will strengthen Sandvik´s total customer offering and growth possibilities.In 2012, TPS had sales of approximately Euro 13 million, with about 35 employees. The head office and manufacturing facilities is based in G+¦ppingen, Germany.The acquisition is expected to be completed during the fourth quarter 2013.