Sandvik acquires PMT Premier Machine Tools Limited
Sandvik has acquired 95% of the shares in the Irish based company PMT Premier Machine Tools Limited (“PMT”), a well-established solutions provider to medical customers in Ireland, with full coverage of machines, tools and services. The company will be reported within Seco, a division within Sandvik Manufacturing and Machining Solutions. “The acquisition of PMT fits well with our strategy to strengthen our position in the fast-growing area of medical. Together with PMT, Sandvik will be able to offer complete machining solutions to the medical segment”, says Stefan Widing, CEO and