# Sandvik to acquire Polish round tools manufacturer Fanar

Sandvik signed an agreement to acquire Fabryka Narzędzi FANAR S.A., a Polish manufacturer of round tools. The company will be reported in Seco, a division of Sandvik Manufacturing and Machining Solutions.

- Type: Acquisition
- Announced: 2021-07-15
- Where: Warsaw, Poland, Poland
- Status: announced
- Products: round tools, taps, solid threading tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md) (acquirer)
- [Fabryka Narzędzi FANAR](https://endata.com/companies/56491.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/sandvik-to-acquire-the-polish-round-tools-company-fanar-301334719.html), 2021-07-15: "Sandvik has signed an agreement to acquire the Polish company Fabryka Narzędzi FANAR S.A., a manufacturer of round tools."

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