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  5. Dormer Pramet Acquires Miranda Tools - Cutting Tools Business

M&A Deal Summary

Dormer Pramet Acquires Miranda Tools - Cutting Tools Business

On June 18, 2020, Dormer Pramet acquired manufacturer Miranda Tools - Cutting Tools Business from Miranda Tools

Acquisition Highlights
  • This is Dormer Pramet’s 1st transaction in the Manufacturing sector.
  • This is Dormer Pramet’s 1st transaction in India.

M&A Deal Summary
Date 2020-06-18
Target Miranda Tools - Cutting Tools Business
Sector Manufacturing
Buyer(s) Dormer Pramet
Sellers(s) Miranda Tools
Deal Type Divestiture

Target

Miranda Tools - Cutting Tools Business

Gujarat, India
Miranda Tools Ltd.'s Cutting Tools Business is a manufacturer of steel cutting tools in Gujarat, India.

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Buyer(S) 1

Buyer

Dormer Pramet

Elgin, Illinois, United States
Category Company
Founded 2014
Sector Manufacturing
DESCRIPTION

Dormer Pramet is a provider of metal cutting tools. Dormer Pramet was founded in 2014 and is based in Elgin, Illinois.

DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Miranda Tools

Gujarat, India
Category Company
Founded 1945
Sector Manufacturing
DESCRIPTION

Miranda Tools Ltd. is a manufacturer and supplier of products such as HSS Tool Bits, Hand Hacksaws, Power saws, Metal Cutting Bandsaw Blades. Miranda Tools is based in Gujarat, India.

DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2020 M&A 1 of 1
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