# ATA acquires UK cutting tool manufacturer ITC and Dutch Van Hoorn Carbide

ATA, the Irish precision-engineering multinational, acquired UK cutting tool manufacturer Industrial Tooling Corporation (ITC) and Dutch manufacturer Van Hoorn Carbide, bringing pro-forma 2022 revenue to circa €100 million.

- Type: Acquisition
- Announced: 2022-12-06
- Status: completed
- Products: carbide round cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Industrial Tooling Corporation](https://endata.com/companies/19392.md) (target)
- [ATA](https://endata.com/companies/67130.md) (acquirer)
- [Van Hoorn Carbide](https://endata.com/companies/67131.md) (target)

## Sources

- [machinery.co.uk](https://www.machinery.co.uk/content/news/ata-acquires-uk-cutting-tool-manufacturer-industrial-tooling-corporation), 2022-12-06: "ATA, the Irish precision-engineering multinational, has announced the acquisition of UK cutting tool manufacturer, Industrial Tooling Corporation (ITC)"

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