Sandvik completes cutting tools acquisition

4 June 2020

Sandvik has completed its previously announced acquisition of the cutting tools division of Quimmco Centro Tecnológico (QCT), a privately-owned Mexican machining company.

In 2019, QCT’s cutting tools division generated revenues of about SEK 90 million with 130 employees.

QCT’s cutting tool division will be part of Seco Tools, a division within Sandvik Machining Solutions.

This story uses material from Sandvik, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.

Original Text (This is the original text for your reference.)

Sandvik completes cutting tools acquisition

4 June 2020

Sandvik has completed its previously announced acquisition of the cutting tools division of Quimmco Centro Tecnológico (QCT), a privately-owned Mexican machining company.

In 2019, QCT’s cutting tools division generated revenues of about SEK 90 million with 130 employees.

QCT’s cutting tool division will be part of Seco Tools, a division within Sandvik Machining Solutions.

This story uses material from Sandvik, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.

Comments

Something to say?

Disclaimer: The translated content is provided by third-party translation service providers, and IKCEST shall not assume any responsibility for the accuracy and legality of the content.