Allez à nos transactions
Machinerie Industrielle et Composantes

Sandvik has acquired Portugal-based Frezite

Walter, a division of Sandvik Manufacturing and Machining Solutions, has acquired Portugal-based Frezite, a family-owned polycrystalline diamond (PCD) tool manufacturer.

Sandvik is a global high-tech engineering group offering solutions that enhance customer productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. Sandvik is at the forefront of digitalization with a focus on optimizing customers’ processes, as well as having a world-leading offering, including equipment, tools, services and digital solutions for machining, mining, rock excavation, rock processing and advanced materials. In 2021, the group had approximately 44,000 employees and revenues of over US$9 billion in about 150 countries.

Founded in 1978, Frezite primarily offers made-to-order PCD tools for metal and wood applications, predominantly serving customers in the automotive, general engineering and aerospace segments. The company is headquartered in Trofa, Portugal, and is present in Europe, Mexico and Brazil. Frezite has approximately 450 employees and generated revenues of approximately US$45.5 million in 2021.

Oaklins’ Swedish and Portuguese teams acted as financial advisors to Sandvik and Walter throughout the acquisition process.

Services
Acquisition d'entreprises
Parties prenantes
«Frezite provides complementary production capabilities and competence and reinforces our position in the electric and hybrid automotive market. With its solid position within custom PCD tools and competence within interesting adjacent fields, we are very pleased to welcome Frezite to the Group. (From Sandvik’s official press release dated 27 June 2022)»

Nadine Crauwels

President, Sandvik Machining Solutions

Contacter l'équipe de la transaction

 Nikolaos  Karabelas

Nikolaos Karabelas

Associé
Stockholm, Suède
Oaklins Sweden
 João  Beirôco

João Beirôco

Associé directeur
Lisbonne, Portugal
Oaklins Monsanto
 Mariana  Gomes

Mariana Gomes

Analyste senior
Lisbonne, Portugal
Oaklins Monsanto
 Christos  Karabelas

Christos Karabelas

Chargé d'affaires
Stockholm, Suède
Oaklins Sweden

Transactions connexes

Tessenderlo Group NV has acquired Picanol Group NV
Agriculture | Machinerie Industrielle et Composantes | Autres industries

Tessenderlo Group NV has acquired Picanol Group NV

Tessenderlo Group NV has acquired Picanol Group NV through a public exchange offer.

En apprendre plus
Air Power has sold a majority stake to Entangled Capital
Placements Privés | Machinerie Industrielle et Composantes

Air Power has sold a majority stake to Entangled Capital

The shareholders or Air Power have sold a majority stake in the company to Entangled Capital SGR S.p.A.

En apprendre plus
IMS Group AS has acquired Pocadel Oy
Machinerie Industrielle et Composantes

IMS Group AS has acquired Pocadel Oy

The Norwegian IMS Group AS has purchased all shares of the Finnish Sauvo-based Pocadel Oy in a transaction taking place on 29 September 2022.

En apprendre plus