Project Lightning

SANDVIK AB ACQUIRED 100% OF THE STAKE IN DSI
UNDERGROUND HOLDINGS S.À.R.L. INLCUDING ITS COLOMBIAN
SUBSIDIARY DSI UNDERGROUND COLOMBIA S.A.S.

Posse Herrera Ruiz acted as local counsel to Norton Rose Fulbright LLP, legal counsels of
SANDVIK AB (high-tech and global engineering Group), in the share acquisition of DSI
Underground Holdings (the holding company of a group which is the global leader in ground
support and reinforcement products, systems and solutions for the underground mining and
tunneling industries with presence in 70 countries) resulting in the indirect acquisition of all the
issued and outstanding shares of DSI Underground Colombia S.A.S.

DEAL VALUE:                  APPROX. EUR 943 MILLION
STAKE:                                100 %
SIGNING DATE:              Thursday, December 24, 2020
Cross-border matter:    Sweden and Colombia
LEGAL ADVISORS

COUNSEL TO SANDVIK AB
NORTON ROSE FULBRIGHT LLP

Leading Partner Christopher Grieves
Other Lawyers Sam Morrey, Victoria Morris and Florence Childs

COUNSEL TO Norton Rose Fulbright.
POSSE HERRERA RUIZ

Leading Partner Oscar Tutasaura
Other Lawyers Isabel Torres (senior) and Valentina Tobón (junior)

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