Swedish global investment firm Mimir, headquartered in Stockholm, has signed an agreement to acquire Sandvik’s Osprey metal powder business. Osprey offers a wide range of metal powders used in Additive Manufacturing (AM), Metal Injection Molding (MIM), Hot Isostatic Pressing (HIP) and cold spray technologies.

With more than fifty years of experience in metal powder atomisation, Osprey offers the broadest product range in the market, with a catalogue of more than 2,000 alloy variations and over 400 different metal powders available at any one time. According to Mimir, the acquisition is expected to establish Osprey as a standalone global platform in gas-atomised metal powders, supplying growing end-use markets including defence, space, medical technology and energy.