# Sandvik to acquire Almü Präzisions-Werkzeug GmbH

Sandvik has signed an agreement to acquire Almü, a Germany-based cutting tools and solutions provider for aluminum machining. The acquisition strengthens Sandvik's offering for lightweight components in the automotive segment.

- Type: Acquisition
- Announced: 2024-04-09
- Where: Zell unter Aichelberg, Germany, Germany
- Status: announced
- Products: cutting tools, drilling tools, reaming tools, milling tools, tooling systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md) (acquirer)
- [Almü Präzisions-Werkzeug GmbH](https://endata.com/companies/76703.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/sandvik/r/sandvik-to-acquire-germany-based-almu--a-solutions-provider-for-aluminum-machining,c3958509), 2024-04-09: "Strengthening our position within lightweight materials is one of the key priorities within Sandvik."

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