Miranda Tools

Sandvik AB has completed the acquisition of India-based Miranda Tools, a manufacturer of HSS and solid carbide round tools. The business will become part of Sandvik's Dormer Pramet division.

Sandvik has completed the acquisition of the entire business of Indian company Miranda Tools, which manufactures High Speed Steel and solid carbide round tools. The business will be part of Sandvik Machining Solutions' division Dormer Pramet.

Dormer Pramet, a division of Sandvik Machining Solutions, has acquired Indian tooling supplier Miranda Tools, which manufactures high-speed steel and solid-carbide round tools.

Dormer Pramet, a division of Sandvik Machining Solutions, has agreed to acquire the entire business of Indian company Miranda Tools, which manufactures high-speed steel and solid carbide round tools. The transaction is expected to close in Q3 2020.