# CB-CERATIZIT acquires 70% of Changzhou CW Toolmaker

CB-CERATIZIT Luxembourg S.A. has acquired 70% of the shares of Changzhou CW Toolmaker Inc., a Chinese manufacturer of tungsten carbide cutting tools for the electronics, aviation, railway, and mold and die industries.

- Type: Acquisition
- Announced: 2023-08-14
- Where: Changzhou, China, China
- Status: completed
- Products: tungsten carbide cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Changzhou CW Toolmaker Inc.](https://endata.com/companies/44245.md) (target)
- [CB-CERATIZIT Luxembourg S.A.](https://endata.com/companies/72162.md) (acquirer)

## Sources

- [cbceratizit.com](https://www.cbceratizit.com/en/news-45393/CB-CERATIZIT-announces-the-acquisition-of-Changzhou-CW-Toolmaker-Inc.html), 2023-08-21: "CB-CERATIZIT has acquired 70% of all shares of Changzhou CW Toolmaker Inc."

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