Sandvik has completed its previously announced acquisition of the cutting tools division of Quimmco Centro Tecnológico (QCT), a privately-owned Mexican machining company.
In 2019, QCT’s cutting tools division generated revenues of about SEK 90 million with 130 employees.
QCT’s cutting tool division will be part of Seco Tools, a division within Sandvik Machining Solutions.
This story uses material from Sandvik, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.