# Sandvik acquires Chinese OSK

Seco Tools, a division of Sandvik Machining Solutions, has agreed to acquire Kunshan Ousike Precision Tools Co., Ltd (OSK), a Chinese supplier of solid carbide round tools. The transaction is expected to close in the first half of 2019.

- Type: Acquisition
- Announced: 2018-11-01
- Where: Kunshan, China, China
- Status: announced
- Products: solid carbide round tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md) (acquirer)
- [Seco Tools](https://endata.com/companies/17312.md) (acquirer)
- [Kunshan Ousike Precision Tools](https://endata.com/companies/19192.md) (target)

## Sources

- [home.sandvik](https://www.home.sandvik/en/news-and-media/news/2018/11/sandvik-acquires-chinese-osk/), 2018-11-01: "The acquisition is aligned with Sandvik Machining Solutions’ focus on growing the round tools business."
- [industrysourcing.com](https://www.industrysourcing.com/article/sandvik-acquires-chinese-osk), 2018-12-14: "The acquisition is aligned with Sandvik Machining Solutions’ focus on growing the round tools business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.