M&A Deal Summary

Sandvik Acquires Almu

On April 9, 2024, Sandvik acquired manufacturer Almu

Acquisition Highlights
  • This is Sandvik’s 19th transaction in the Manufacturing sector.
  • This is Sandvik’s 5th transaction in Germany.

M&A Deal Summary
Date 2024-04-09
Target Almu
Sector Manufacturing
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

Almu

Zell unter Aichelberg, Germany
website
Almu is a cutting tools and solutions provider within high-precision drilling, reaming, milling, and tooling systems. The company provides tailor-made precision tool solutions and services to the machining industry. Almu is based in Zell unter Aichelberg, Germany.

Search 192,860 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Sandvik

Stockholm, Sweden

website

Category Company
Founded 1862
Sector Engineering
Employees38,995
Revenue 99.1B SEK (2021)
DESCRIPTION

Sandvik operates as a global engineering company. Sandvik is a high-technology and global industrial group that produces products and services that enhance customer productivity, profitability and safety. Sandvik was founded in 1862 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 53 of 53
Sector (Manufacturing) 19 of 19
Type (Add-on Acquisition) 47 of 47
Country (Germany) 5 of 5
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-26 Cimquest

Branchburg, New Jersey, United States

Cimquest is a reseller of Computer Aided Manufacturing (CAM) solutions and Mastercam network. Cimquest was founded in 1990 and is headquartered in Branchburg, New Jersey.

Buy -
Mergr

Product

Company

Legal