Sandvik has acquired
Workholding fixtures are used to hold a workpiece in place during subtractive manufacturing and is a fundamental part of machining solutions. The acquisition of PDQ will strengthen Sandvik's offer to customers primarily in
"The addition of PDQ will enhance our customer offer within machining solutions and strengthen growth prospects in the US, very much in line with our strategy. I am pleased to see us complete another acquisition which further improves our ability to create value for our customers and stakeholders," says
Founded in 2010, PDQ operates from two manufacturing sites, and has 107 employees. In 2023, the company reported a revenue of
For further information, contact
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers' processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2023 the Group had approximately 41,000 employees and revenues of about 127 billion SEK in about 170 countries.
https://news.cision.com/sandvik/r/sandvik-acquires-workholding-fixtures-specialist-pdq,c3994492
https://mb.cision.com/Main/208/3994492/2843817.pdf
(c) 2024 Cision. All rights reserved., source