Astorg enters into an exclusive agreement with Sandvik for the sale of Metrologic

Founded by Philippe Cimadomo and headquartered in Meylan, France, Metrologic develops leading edge 3D inspection software and electronics which run measurement machines used for dimensional control notably in the automotive, aeronautic, transport and medical sectors. The company offers a hardware-agnostic metrology software suite compatible with all available metrology technologies on the market and delivering the highest level of accuracy, ease-of-use and processing speed. Metrologic solutions are used by +4,000 customers in over 40 countries.

Metrologic would form a new business unit within a new product area in Sandvik’s division “Machining Solutions” and would maintain brand independence, in line with Sandvik's decentralized business model. The combined offering of Sandvik Machining Solutions and Metrologic would help customers achieve a more seamless manufacturing chain by linking the machining and quality assurance measurement processes. The Metrologic management team would remain with the company.

Stéphane Epin, Partner at Astorg, stated: “Since our investment in Metrologic in 2015, the company has strengthened its technological leadership, in particular within the fast-growing robotized metrology space. In line with our investment philosophy, Astorg supported an ambitious development plan and encouraged significant investments in R&D and into the commercial organization. Sandvik’s strong interest in Metrologic is a testimony to the technological advance of the Metrolog X4 software suite, which the management team built over the last 10 years by committing the right R&D in the right direction. It is an undisputed success in the industry 4.0 space.”

Bertrand Gili, President of Metrologic Group, added: “Sandvik built a strong conviction on metrology in general and on our software solutions in particular. Through our collaboration on joint projects, we have come to know Sandvik very well and were impressed by their technological leadership as well as their respectful and decentralized management style. Joining forces with Sandvik will trigger synergies facilitating the seamless integration of 3D Metrology as part of the manufacturing process, which will definitively benefit to our customers and to the market in general. Sandvik will allow Metrologic to benefit from the support of a large and global organization, whilst maintaining its culture of innovation, uncompromising quality, and commitment to client service”.