The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Tue., Aug. 9, 2:44 AM

This Slide: #2 of 100

Slide #2. Sandvik — Sphinx Tools Ltd

Acquirer: Sandvik (SDVKY)
Acquiree: Sphinx Tools Ltd
Details: Sandvik has signed and completed an agreement to acquire 100% of the equity interests in theSwitzerland-based Sphinx Tools Ltd and its wholly owned subsidiary P. Rieger Werkzeugfabrik AG ("Sphinx Tools"). Sphinx Tools' offering primarily consists of precision solid round tools (micro tools) and surgical cutting tools. The customers are mainly within the automotive, aerospace and medical segments. The company will be reported within Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions.

  Sandvik: SDVKY
  Sphinx Tools Ltd: PRIVATE
 

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