# Kyocera Unimerco acquires BFT and GSB in Germany

Kyocera Unimerco Tooling, a subsidiary of Kyocera, signed an agreement to acquire 100% of German cutting tool manufacturers BFT Hartmetall Werkzeuge and GSB GmbH. The acquisition expands Kyocera's capabilities in oscillation machining.

- Type: Acquisition
- Announced: 2023-05-11
- Where: Hamburg, Germany, Germany
- Status: announced
- Products: carbide cutting tools, oscillating knife drives
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KYOCERA Corporation](https://endata.com/companies/14971.md) (investor)
- [Kyocera Unimerco Tooling](https://endata.com/companies/70205.md) (acquirer)
- [BFT Hartmetall Werkzeuge](https://endata.com/companies/70206.md) (target)
- [GSB GmbH](https://endata.com/companies/70207.md) (target)
- [BFT Hartmetall Werkzeuge GmbH & Co. KG](https://endata.com/companies/70875.md) (target)

## Sources

- [uk.kyocera.com](https://uk.kyocera.com/news/2023/05/11144942.html), 2023-05-11: "Kyocera Unimerco will welcome BFT and GSB into the group and use their expertise in oscillation machining to expand the capability and offer customers a wider range of products."
- [werkstatt-betrieb.de](https://www.werkstatt-betrieb.de/a/news/kyocera-uebernimmt-bft-und-gsb-4826914), 2023-06-16: "Kyocera Unimerco heißt BFT und GSB in der Gruppe willkommen und wird deren Expertise in der oszillierenden Bearbeitung nutzen, um seine Fähigkeiten zu erweitern und seinen Kunden eine breitere Produktpalette anzubieten."

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