Sandvik to Acquire Germany-based Almü, Cutting Tools Solutions Provider for Aluminum Machining

STOCKHOLM, Sweden, Apr 10, 2024 – Sandvik has signed an agreement to acquire Almü Präzisions-Werkzeug GmbH (Almü), a Germany-based cutting tools and solutions provider within high-precision drilling, reaming, milling and tooling systems. With the acquisition of Almü, Sandvik will strengthen its offering towards lightweight components in the automotive segment, an area which is increasing in importance […]