# Sandvik acquires Miranda Tools' business

Dormer Pramet, a division of Sandvik Machining Solutions, has acquired Indian tooling supplier Miranda Tools, which manufactures high-speed steel and solid-carbide round tools.

- Type: Acquisition
- Announced: 2020-08-12
- Where: India
- Status: completed
- Products: high-speed steel tools, solid-carbide round tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md) (acquirer)
- [Miranda Tools](https://endata.com/companies/47979.md) (target)

## Sources

- [canadianmetalworking.com](https://www.canadianmetalworking.com/canadianmetalworking/news/cuttingtools/sandvik-acquires-miranda-tools-business), 2020-08-12: "The acquisition is aligned with Sandvik Machining Solutions’ focus on strengthening our round tools offer whilst also adding greater production capacity and flexibility to support long-term growth."

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