Sandvik to acquire PCD tools manufacturer Frezite

Sandvik has signed an agreement to acquire 100% of the equity interests of Frezite, a Portugal-based maker of polycrystalline diamond tools for metal and wood applications. The transaction is expected to close during the third quarter of 2022.

“With the acquisition of Frezite, we take another important step in our shift to growth strategy.”home.sandvik

• 2 sources
• home.sandvikSandvik to acquire PCD tools manufacturer FreziteJun 1, 2022
• oaklins.comStrategic positioning aligned with industry mega trends | Oaklins Portugal: Mid-market M&A and financial advice globallySep 20, 2022

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