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Sandvik Completes The Acquisition Of Us Based Round Tools Manufacturer Gws Tool Group

Sandvik Completes The Acquisition Of Us Based Round Tools Manufacturer Gws Tool Group

12/23/21, 11:45 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/SE.svgstockholm
Industry
mining
Sandvik has completed the previously announced acquisition of the 100% equity interests of the US based company GWS Tool Intermediate Holdings LLC ("GWS" or the "Company") from its beneficial owners, L Squared Capital Partners and GWS management. GWS is an established and fast growing provider of made-to-order round tools with a large exposure to the general engineering and aerospace segments.

Company Info

Company
Sandvik
Location
Stockholm, Stockholms län, Sweden
Company info
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2022 the Group had approximately 40,000 employees and revenues of about 112 billion SEK in about 150 countries within continuing operations.

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