Deal Snapshot
Sandvik to Acquire Portuguese PCD Tools Manufacturer Frezite
Monday 27 June 2022

Sweden-based engineering company Sandvik has signed an agreement to acquire 100% of the equity interests of the Portugal-based polycrystalline diamond tools manufacturer Frezigest, SGPS, the company said.

Frezite's offering primarily consists of made-to-order polycrystalline diamond tools for metal and wood applications, with exposure to the automotive, general engineering and aerospace segments.

Date Published: 27/06/2022