M&A Deal Summary

Sandvik Acquires PDQ Workholding

On June 4, 2024, Sandvik acquired manufacturer PDQ Workholding

Acquisition Highlights
  • This is Sandvik’s 20th transaction in the Manufacturing sector.
  • This is Sandvik’s 23rd transaction in the United States.
  • This is Sandvik’s 1st transaction in Indiana.

M&A Deal Summary

Date 2024-06-04
Target PDQ Workholding
Sector Manufacturing
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

PDQ Workholding

Columbia City, Indiana, United States
PDQ Workholding provides custom workholding fixtures and tooling for various industries, including segments like aerospace, automotive and energy. PDQ Workholding was formed in 2010 and is headquartered in Columbia City, Indiana.

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Buyer(S) 1

Buyer

Sandvik

Stockholm, Sweden

Category Company
Founded 1862
Sector Engineering
Employees40,344
Revenue 126.5B SEK (2023)
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 54 of 55
Sector (Manufacturing) 20 of 20
Type (Add-on Acquisition) 48 of 49
State (Indiana) 1 of 1
Country (United States) 23 of 23
Year (2024) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-09 Almu

Zell unter Aichelberg, Germany

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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-27 Universal Field Robots

Eagle Farm, Australia

Universal Field Robots provides autonomous interoperable solutions for the surface mining and underground mining markets. Universal Field Robots is based in Eagle Farm, Australia.

Buy -