Ceratizit announces purchase of AgriCarb

Ceratizit has acquired AgriCarb SAS, a manufacturer of tungsten carbide agricultural wear parts based near Lyon, France.

AgriCarb, founded in 1985, makes more than 1600 products, including hardmetal-reinforced tools that can achieve a service life of three to seven times longer than that of conventional steel products.

“We want to become the leader in sustainability for the hard metal and cutting tool industry by 2025,” said Dr Andreas Lackner, spokesperson of Ceratizit’s executive board. “The acquisition of AgriCarb helps us to reach this goal.”

‘With a high degree of added value and expertise in the field of hybrid tools made of steel and tungsten carbide, AgriCarb is an ideal technological complement to our Hard Material Solutions Division,’ said executive board member Frank Thomé.