Sandvik acquires precision tools manufacturer Sphinx Tools

Sandvik has signed and completed an agreement to acquire 100% of the equity interests in Switzerland-based Sphinx Tools Ltd and its subsidiary P. Rieger Werkzeugfabrik AG. Sphinx Tools offers precision solid round tools (micro tools) and surgical cutting tools, with customers in automotive, aerospace and medical segments.

“Sandvik has signed and completed an agreement to acquire 100% of the equity interests in the Switzerland-based Sphinx Tools Ltd”prnewswire.com

• 1 source
• prnewswire.comSandvik has acquired precision tools manufacturer Sphinx ToolsSandvikAug 8, 2022

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