Sandvik said it has completed the previously announced acquisition of Almü Präzisions-Werkzeug GmbH (Almü), a Germany-based cutting tools and solutions provider within high-precision drilling, reaming, milling, and tooling systems.

The company will become a part of Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions.

Almü was founded in 1978, has 44 employees, and is headquartered in Zell unter Aichelberg, Germany. In 2022, the company generated revenues of about approximately 6 million Euros.

ALMÜ Precision Tools is a mid-size company specializing in developing, manufacturing, and distributing precision tools, and other special tools for the machining industry.

The company said it focuses on tailor-made special solutions that take into account customers' ideas in terms of quality, price, and services. For more than thirty years, ALMÜ has produced tools for the automotive industry and its suppliers – near the Swabian Alb in southwestern Germany. Companies from the mechanical engineering industry are among its customers, as well as those firms from the aviation and airspace industry.