Go to deals
Industrial Machinery & Components

Sandvik Coromant has acquired Dura-Mill

Sandvik Coromant, a division within Sandvik Machining Solutions, has acquired US-based manufacturer of precision solid carbide end mills Dura-Mill, Inc. The acquisition enhances an already strong position and product offering in North America and primarily within the aerospace segment.

Sandvik Coromant is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. The group holds world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining and construction industries; and products in advanced stainless steels and special alloys as well as products for industrial heating. In 2017, the group had approximately 43,000 employees and sales of over US$10 billion in more than 150 countries.

Dura-Mill, a family-owned business now in its second generation, manufactures solid carbide end mills for customers in the aerospace, automotive, power generation and medical industries. Located in a state-of-the-art manufacturing facility in the heart of New York’s Tech Valley, Dura-Mill provides optimal value and performance in cutting tools for end mill applications for a wide range of custom applications.

Oaklins’ teams in Sweden and Cleveland acted as financial advisors to Sandvik Coromant. The team in Sweden obtained the mandate and coordinated with the buyer's central stakeholders throughout the process. The team in Cleveland screened the target and maintained a dialogue with the seller, as well as acted as the local lead in executing the transaction.

Parties

Talk to the deal team

 Adel  Koubaa

Adel Koubaa

Managing Partner
Stockholm, Sweden
Oaklins Sweden
 Nikolaos  Karabelas

Nikolaos Karabelas

Partner
Stockholm, Sweden
Oaklins Sweden

Related deals

Industrie Polieco - M.P.B. has sold a minority stake to RedFish Longterm Capital
Private Equity | Energy | Industrial Machinery & Components | Other Industries

Industrie Polieco - M.P.B. has sold a minority stake to RedFish Longterm Capital

T.P. Holding Srl, the company controlled by the Tonelli family, has sold Industrie Polieco - M.P.B. SpA to RedFish Longterm Capital SpA.

Learn more
EC Electronics has raised new debt facilities
Private Equity | Industrial Machinery & Components

EC Electronics has raised new debt facilities

EC Electronics Ltd. has raised funds from Shawbrook Bank to finance the acquisition of Liad Electronics Breda B.V. The debt facilities also include follow-on capital for future acquisitions as EC Electronics continues its search for complimentary electronics manufacturing businesses.

Learn more
LISEGA SE has been acquired by BUHLMANN RFS GmbH & Co. KG
Industrial Machinery & Components

LISEGA SE has been acquired by BUHLMANN RFS GmbH & Co. KG

Hardtke Stiftung has sold LISEGA SE to BUHLMANN RFS GmbH & Co. KG.

Learn more