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22 Jun
16:12

Sandvik acquires India's Miranda Tools

Dormer Pramet, a division within Sandvik Machining Solutions, has reached an agreement to acquire the entire business of Indian company Miranda Tools, Kallanish learns from the Sweden-based company. Miranda Tools was established in 1945 and belongs to business conglomerate Ashok Piramal Group. It makes high-speed steel and solid carbide round tools, manufacturing products such as HSS tool bits, hand hacksaws, power saws, metal cutting band saw blades, and others. …
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