Sandvik Acquires Majority Stake in Canada-based Ultra-Precision Diamond Tools Manufacturer K&Y Diamond

Sandvik Acquires Majority Stake in Canada-based Ultra-Precision Diamond Tools Manufacturer K&Y Diamond

STOCKHOLM, Sweden, Apr 13, 2026 – Sandvik has acquired 80% of the Canada-based K&Y Diamond, a leading manufacturer of monocrystalline diamond tools for ultra-precision applications, with a strong position in the optics segment. K&Y Diamond will be reported in Sandvik Coromant, a division within business area Machining. K&Y Diamond’s tools are primarily used in the manufacturing […]

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