# Sandvik completes acquisition of Chinese tool supplier OSK

Sandvik has completed the acquisition of OSK, a Chinese supplier of solid carbide round tools. OSK will become part of the Seco division in Sandvik Machining Solutions. The purchase price was not disclosed.

- Type: Acquisition
- Announced: 2019-04-10
- Where: Kunshan, China
- Status: completed
- 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)
- [OSK](https://endata.com/companies/38633.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/sandvik/r/sandvik-has-completed-the-acquisition-of-osk,c2785022), 2019-04-10: "Sandvik has completed the previously announced acquisition of OSK, a Chinese supplier of solid carbide round tools."
- [themachinist.in](https://www.themachinist.in/news/5352/sandvik-acquires-osk-seco-tools), 2019-04-16: "The acquisition will particularly strengthen the position and product offering to the fast growing Chinese electronics industry."

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