# Capital Tool Industries acquires Mico Tools

Capital Tool Industries, an Indian gear-cutting tool manufacturer, acquired Mico Tools (Mishalle NV) in Belgium, a manufacturer of power skiving cutters, gear shaper cutters, and chamfering tools. The acquisition expands CTI's product line and European footprint.

- Type: Acquisition
- Announced: 2023-05-15
- Where: Belgium
- Status: announced
- Products: gear cutting tools, power skiving cutters, gear shaper cutters, chamfering tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Capital Tool Industries](https://endata.com/companies/70282.md) (acquirer)
- [Mico Tools](https://endata.com/companies/70283.md) (target)

## Sources

- [gearsolutions.com](https://gearsolutions.com/news/capital-tool-industries-expands-product-line-by-acquiring-mico-tools/), 2023-05-15: "The addition of Mico Tools to the Capital Tool Industries family will provide more options and new products for 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.