# Heimatec Inc. becomes part of Platinum Tooling Technologies

Heimatec Inc., a live tooling market leader, announced it will become part of a new corporation, Platinum Tooling Technologies Inc., led by Preben Hansen who holds a majority stake.

- Type: Acquisition
- Announced: 2018-11-19
- Where: Prospect Heights, Illinois, United States
- Status: announced
- Products: live tooling, machine tool accessories
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Heimatec Inc.](https://endata.com/companies/19249.md) (target)
- [Platinum Tooling Technologies](https://endata.com/companies/19250.md) (acquirer)

## Sources

- [platinumtooling.com](https://platinumtooling.com/heimatec-inc-is-now-platinum-tooling/), 2018-11-19: "Heimatec Inc., a market leader in live tooling for the North American machine tool industry, announced today that it will become part of a new corporation, Platinum Tooling Technologies, Inc."
- [mfgnewsweb.com](http://www.mfgnewsweb.com/archives/4/53583/Current-News-jan19/ad_info.aspx), 2019-01-01: "Heimatec Inc., a provider of live tooling, will become part of a new corporation, Platinum Tooling Technologies, Inc."

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