# OSG to acquire diamond tool manufacturer Contour

OSG Corporation will acquire 100% of Contour, a manufacturer of diamond tools for ultra-precision machining of optical surfaces. The transaction is expected to close at the end of July 2024.

- Type: Acquisition
- Announced: 2024-07-16
- Where: Netherlands
- Status: announced
- Products: diamond tools for ultra-precision machining
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Torqx Capital Partners](https://endata.com/companies/11087.md) (investor)
- [OSG Group](https://endata.com/companies/17606.md) (acquirer)
- [Contour](https://endata.com/companies/78619.md) (target)

## Sources

- [dcadvisory.com](https://www.dcadvisory.com/news-deals-insights/deal-announcements/dc-advisory-acts-as-exclusive-financial-advisor-to-torqx-capital-partners-and-the-shareholders-of-contour-on-its-sale-to-osg/), 2024-07-16: "The acquisition of Contour aims to enable OSG to expand in the micro-precision machining field."

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