Sandvik acquires majority stake in China-based Ahno Precision Cutting Tool Technology
Sandvik, a global engineering group, has announced its acquisition of a majority stake in Suzhou Ahno Precision Cutting Tool Technology Co., Ltd. (Ahno), a leading provider of precision cutting tools based in China. The agreement involves purchasing the majority shares from the current owner, Ningbo Baosi Energy Equipment Co., Ltd, and related parties. This acquisition […]