Ceratizit SA has acquired German solid carbide toolmaker Klenk GmbH & Co. KG, augmenting the Ceratizit Group's product portfolio with custom solutions for solid-carbide round tools, according to the company. With the addition of Klenk, the Ceratizit Group aims to further strengthen its position in the solid-carbide tool market, according to Thierry Wolter of the Ceratizit Group's executive board. "It is our aim to be perceived as a global premium player for all cutting tools," he said.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2015-06-01
CTE source: https://ctemag.com/news/ceratizit-acquires-klenk/
Legacy path: /ceratizit-acquires-klenk