# WTO GmbH acquires SFI, an Israeli manufacturer of ultra-high-speed tool holders

WTO GmbH acquired SFI, a small manufacturer of innovative turbine-driven 'Ultra-High-Speed' tool holders in Israel, in December 2019 to expand its product range.

- Type: Acquisition
- Announced: 2019-12-01
- Where: Israel
- Status: completed
- Products: ultra-high-speed tool holders
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [WTO GmbH](https://endata.com/companies/45318.md) (acquirer)
- [SFI](https://endata.com/companies/45319.md) (target)

## Sources

- [wirtschaft-im-suedwesten.de](https://www.wirtschaft-im-suedwesten.de/archiv/grossprojekt-und-generationswechsel), 2020-02-17: "Durch weitere Neuentwicklungen und den Zukauf der Firma SFI, einem kleinen Hersteller von innovativen turbinenangetriebenen 'Ultra-High-Speed'-Werkzeugaufnahmen in Israel, vergangenen Dezember solle zudem das Produktspektrum erweitert werden."

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