# Sandvik completes acquisition of QCT's cutting tools division

Sandvik completed the acquisition of the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a Mexican company. The division will become part of Seco Tools within Sandvik Machining Solutions.

- Type: Acquisition
- Announced: 2020-06-01
- Where: Mexico
- Status: completed
- Products: cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md) (acquirer)
- [QUIMMCO CENTRO TECNOLÓGICO](https://endata.com/companies/43626.md) (target)

## Sources

- [home.sandvik](https://www.home.sandvik/en/news-and-media/news/2020/06/sandvik-completes-the-acquisition-of-qcts-division-for-cutting-tools/), 2020-06-01: "Sandvik has completed the previously announced acquisition of the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT)"

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