Sandvik completes acquisition of majority stake in Suzhou Ahno

Sandvik has completed the acquisition of a majority stake in Suzhou Ahno Precision Cutting Tool Technology Co., Ltd., a China-based cutting tool company with approximately 1,200 employees and 2023 revenues of about CNY 812 million.

“Sandvik has completed the previously announced acquisition of a majority stake in the leading China-based company Suzhou Ahno Precision Cutting Tool Technology Co., Ltd.”prnewswire.com

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• prnewswire.comSandvik completes the acquisition of majority stake in China-based Suzhou AhnoSandvikJul 1, 2024

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