Sandvik Acquires China-based Premium Solid Round Tools Manufacturer Chuzhou Yongpu Carbide Tools

STOCKHOLM, Sweden, Aug 20, 2021 – Sandvik has completed the previously announced acquisition of 67% of Chuzhou Yongpu Carbide Tools Co., Ltd, a China based premium solid round tools company, with a call option to buy the remaining part in three years’ time. The company had revenues of approximately SEK 400 million for the twelve month period […]