# Stera Technologies acquires CM-Tools Oy's Vaasa unit

Stera Technologies Oy acquired the business operations of CM-Tools Oy's Vaasa unit, including its tool design and manufacturing operations, effective 1 December 2019.

- Type: Acquisition
- Announced: 2019-12-02
- Where: Vaasa, Finland
- Status: completed
- Products: cutting and deep drawing tools, aluminum die-casting molds
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Stera Technologies Oy](https://endata.com/companies/43657.md) (acquirer)
- [CM-Tools Oy](https://endata.com/companies/43658.md) (target)

## Sources

- [stera.com](https://www.stera.com/news/?newsid=30&newstitle=Stera+expands+its+Finland+operations+to+Vaasa), 2019-12-02: "The business operations of CM-Tools Oy's Vaasa unit will be transferred to Stera as of 1 December 2019."

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