Expansion through an excellent strategic fit

DEAL FLASH:

Dormer Pramet, a division of Sandvik Machining Solutions, has acquired Wetmore Tool & Engineering, a US-based manufacturer specialized in round tools for the aerospace industry. Oaklins’ teams in Sweden and Cleveland advised on this transaction.

This acquisition expands Dormer Pramet’s range of round tools and facilitates an improved position in key aerospace markets.

“This transaction further demonstrates Oaklins’ ability to leverage its global presence and industry specialization in supporting the delivery on strategic agendas of leading international groups such as Sandvik.”

ADEL KOUBAA, MANAGING PARTNER
OAKLINS, SWEDEN

Read more about the transaction, market trends, deal drivers and M&A valuation aspects.