# Walter to acquire GWS Tool Group

Walter, a division of Sandvik, has signed an agreement to acquire GWS Tool Group, a US-based round tools manufacturer. The transaction is expected to close in Q4 2021.

- Type: Acquisition
- Announced: 2021-11-22
- Where: Florida, United States
- Status: announced
- Products: round tools, cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Walter AG](https://endata.com/companies/16788.md) (acquirer)
- [GWS Tool Group](https://endata.com/companies/17991.md) (target)

## Sources

- [gwstoolgroup.com](https://www.gwstoolgroup.com/gws-tool-group-signs-agreement-to-be-acquired-by-walter/), 2021-11-22: "GWS Tool Group has signed an agreement to be acquired by Walter, a leading global metalworking manufacturer with a core emphasis on providing specialized machining solutions to its customers."

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