Mimir (a Stockholm-based investment firm specializing in carve-outs and acquisitions) has officially completed the acquisition of Osprey—the gas atomization metal powder business under Swedish engineering group Sandvik—via a carve-out transaction; financial terms were not disclosed. NAXS AB, a Nasdaq Stockholm-listed investment company, co-invested SEK 5 million alongside Mimir through a special purpose vehicle (SPV), with a profit-sharing mechanism. This marks NAXS's second co-investment with Mimir since September, following Euroatlas.
Osprey has over 50 years of atomization experience, offering gas-atomized metal powders with more than 2,000 alloy variants and over 400 alloys—the market's broadest product line. The powders are used in metal additive manufacturing, metal injection molding (MIM), hot isostatic pressing (HIP), and cold spray. End markets include defense, aerospace, medical, energy, aviation, and automotive, with production sites in Neath, Wales, UK, and Sandviken, Sweden.
After the carve-out, Osprey will operate as an independent advanced materials company, planning to increase investment in product development, new alloys, and international market expansion, with a focus on high-growth areas such as additive manufacturing. Mimir stated it will act as a long-term owner, providing the business with 'focus, commitment, and speed of decision-making'; Sandvik CEO Stefan Widing said the divestment allows the business to enter its next growth phase.
Value for powder buyers: ① With Osprey operating independently, new alloy development is expected to accelerate, reshaping the gas-atomized powder supply landscape; watch for new product launches and expanded qualified grades. ② Powder supply in high-barrier sectors like defense, aerospace, and medical will become more specialized; existing contracts and qualification relationships will remain unchanged in the short term, while long-term supply partnerships may become more flexible. ③ Recommend tracking Mimir's follow-on capital investment and signals of NAXS's profit-sharing mechanism materializing.
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Mimir完成对山特维克Osprey金属粉末业务收购交割，NAXS跟投500万瑞典克朗
Mimir（斯德哥尔摩投资机构，专注企业分拆并购）正式完成对Osprey——瑞典工程集团山特维克（Sandvik）旗下气雾化金属粉末业务——的收购交割，交易以分拆（carve-out）方式进行，财务条款未披露。纳斯达克斯德哥尔摩上市投资公司NAXS AB通过特殊目的实体（SPV）与Mimir联合投资500万瑞典克朗，附带利润分享机制；这是NAXS自9月以来继Euroatlas之后与Mimir的第二笔联合投资。
Osprey拥有50余年雾化制粉经验，提供2000余种合金变体、400余种合金的气雾化金属粉末，系市场最宽产品线，粉末用于金属增材制造、金属注射成形（MIM）、热等静压（HIP）与冷喷涂，终端市场包括国防、航天、医疗、能源、航空与汽车，生产基地分布于英国威尔士Neath与瑞典Sandviken。
交割后Osprey作为独立先进材料公司运营，计划加大产品开发、新合金与国际化市场投入，重点面向增材制造等高增长领域。Mimir表示将作为长期所有者给予业务「专注、投入与决策速度」；山特维克CEO Stefan Widing称此次剥离使该业务进入下一增长阶段。
对粉末采购商的价值：① Osprey独立运营后新合金开发节奏有望加快，气雾化粉末供应格局重塑，可关注其新品发布与认证牌号扩展窗口；② 国防、航天、医疗等高门槛领域粉末供应进一步专业化，既有合同与认证关系短期不变，长期供应合作或更灵活；③ 建议跟踪Mimir后续资本投入力度及NAXS利润分享机制的兑现信号。
