Sandvik completes the acquisition of Almü

Published
May 10, 2024 - 07:30am
Almu

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.

Related Glossary Terms

  • gang cutting ( milling)

    gang cutting ( milling)

    Machining with several cutters mounted on a single arbor, generally for simultaneous cutting.

  • milling

    milling

    Machining operation in which metal or other material is removed by applying power to a rotating cutter. In vertical milling, the cutting tool is mounted vertically on the spindle. In horizontal milling, the cutting tool is mounted horizontally, either directly on the spindle or on an arbor. Horizontal milling is further broken down into conventional milling, where the cutter rotates opposite the direction of feed, or “up” into the workpiece; and climb milling, where the cutter rotates in the direction of feed, or “down” into the workpiece. Milling operations include plane or surface milling, endmilling, facemilling, angle milling, form milling and profiling.

INDUSTRY NEWS

11/21/2024
Shipments of cutting tools, according to the Cutting Tool Market Report compiled in a collaboration between AMT - The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (…

11/20/2024
Students in Itawamba Community College’s Precision Machining Technology program have a new toolbox, courtesy of a $20,000 grant by the Gene Haas Foundation.

11/19/2024
Flex Machine Tools, an American manufacturer and provider of machine tool solutions worldwide for metal fabrication operations, will host an Open House Event at Flex headquarters in Wapakoneta, Ohio…