Husqvarna Group acquires Diamond Tool Supply
Husqvarna Group’s Construction division has acquired Diamond Tool Supply Inc. out of Michigan, USA, a leading producer of polishing and grinding diamond tools for concrete, stone and terrazzo. “The acquisition of Diamond Tool Supply reinforces our position as a market leader of complete solutions for the construction grinding and polishing industry,” says Henric Andersson, President Husqvarna Group’s Construction Division. The acquisition will add sales of around USD 5.8m (approximately SEK 47m), mainly in the US, to Husqvarna Group’s Construction division, based on the full-year 2015