Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Sandvik-owned Seco Tools acquires Chinese-based OSK
November 27, 2018

Sandvik-owned Seco Tools has acquired the Chinese-based Ousike Precision Tools (OSK). OSK is a supplier of solid carbide round tools. The acquisitions strengthen and product offering to the emerging Chinese electronics industry. OSK has 90 FTEs and reported a net sales of SEK 120m in 2017. The deal value is undisclosed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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