Go to deals
Industrial Machinery & Components

Walter has acquired Melin Tool Company

Walter AG, a Sandvik company, has acquired Melin Tool Company. The US is a key market for Walter and this acquisition strengthens its round tool offering, especially for the aerospace industry and the US channel partner market.

Walter is one of the world's leading metalworking companies. As a provider of specialized machining solutions, Walter offers a wide range of precision tools for milling, turning, drilling and threading applications. Walter works together with its customers to develop custom solutions for fully machining components for use in the aviation and aerospace industries, as well as automotive, energy, and general engineering. As an innovative partner capable of creating digital process solutions for optimal efficiency, Walter is pioneering Industry 4.0 throughout the machining industry. With around 3,500 employees worldwide, together with its numerous subsidiaries and sales partners, Walter serves customers in over 80 different countries. The acquisition gives Walter's customers access to advanced cutting tool solutions and responsive support. A stronger footprint presence in the US allows Walter to grow the inch assortments in line with local market requirements and to support the market with customized tooling solutions even better.

Melin Tool Company, established in 1940, is a US-based provider of high quality round tools, primarily standards. The company's offering is focused on solid carbide end mills, drills and countersinks to the aerospace and medical sectors.

Oaklins’ teams in Sweden and Cleveland acted as financial advisors to Walter and its owner, Sandvik Machining Solutions, throughout the acquisition process.

Service
M&A buy-side
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
 Mark A. Filippell

Mark A. Filippell

Managing Director

Cleveland, United States
Oaklins Citizens Capital Markets
 James M. Irwin

James M. Irwin

Managing Director

Cleveland, United States
Oaklins Citizens Capital Markets
 Jakob  Mårtensson

Jakob Mårtensson

Associate

Stockholm, Sweden
Oaklins Sweden

Related deals

HuanYu Group Co., Ltd. has agreed on a strategic investment from Eaton
Industrial Machinery & Components

HuanYu Group Co., Ltd. has agreed on a strategic investment from Eaton

HuanYu Group Co., Ltd., a leading Chinese electrical equipment manufacturer, has agreed on a strategic investment from Eaton, a global electrical giant, to form a joint venture company, HuanYu High Tech Co., Ltd., to manufacture and market low-voltage circuit breakers and contactors in China.

Learn more
FISCHER has agreed on a global cooperation between FISCHER Fuel Cell Compressor and WEICHAI Power
Automotive | Industrial Machinery & Components

FISCHER has agreed on a global cooperation between FISCHER Fuel Cell Compressor and WEICHAI Power

FISCHER Spindle Group AG (FISCHER) has agreed on a global cooperation between FISCHER Fuel Cell Compressor (FFCC) and WEICHAI Power Company Limited.

Learn more
Chiltern Capital has raised debt to support the of acquisition of Amerplast
Industrial Machinery & Components | Other Industries

Chiltern Capital has raised debt to support the of acquisition of Amerplast

Chiltern Capital LLP has secured a unitranche facility from Arcmont to support the acquisition of Amerplast, a Finnish flexible packaging company, through Chiltern’s portfolio company Hanmere. Amerplast will combine with Hanmere Polythene and Plasmech Packaging to form an enlarged, pan-European group.

Learn more