Sandvik's Seco Tools acquires QCT's cutting tools division

Seco Tools, a division of Sandvik Machining Solutions, agreed to acquire the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a Mexican company. The deal is expected to close no later than Q2 2020.

“This acquisition fits very well with our long-term growth strategy and I would like to welcome QCT's division to the family of Sandvik Machining Solutions”home.sandvik

• 3 sources
• home.sandvikSandvik acquires QCT’s division for cutting toolsDec 1, 2019
• news.cision.comSandvik acquires QCT’s division for cutting tools - SandvikDec 20, 2019
• metal-powder.techSandvik Machining Solutions to acquire QCT’s cutting tools divisionJan 6, 2020

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