trending Market Intelligence /marketintelligence/en/news-insights/trending/liasDtXLyCvQZjzIDB1hsg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Sandvik division acquires US company Melin Tool

2019 Latin America Multichannel, Broadband And Mobile Market Overview

New Kagan Report: State of Mexican TV Broadcast Sector

Asia-Pacific Tower, Small Cell, DAS Projections Through 2029

Standard Broadband ARPU Anticipated In Hong Kong In Next 10 Years

Sandvik division acquires US company Melin Tool

Walter AG, a division of Sandvik Machining Solutions AB, acquired the U.S.-based solid carbide toolmaker Melin Tool Co. Inc.

In a Jan. 2 statement, Walter said it closed the deal Dec. 31, 2019, with both parties agreeing to withhold the purchase price.

Sandvik AB, the Swedish parent company of Sandvik Machining Solutions, said the deal will not affect its earnings per share.

In the year ended September 2019, Melin Tool Co. generated $22 million in revenue and had 100 employees.