Sandvik AB, the Sweden based multinational engineering company specializing in products and services for mining, rock excavation, rock drilling, rock processing, metal cutting and machining, has acquired Almü Prazisions-Werkzeug GmbH, the Germany based supplier of cutting tools and solutions in high precision drilling, reaming, milling and tooling systems. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions.
- Target – AlmÜ Präzisions-werkzeug GmbH
- Buyer – Sandvik aktiebolag
- Seller – Shareholders