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Seco Tools acquires Premier Machine Tools
Articles- Mar 03,23
Seco Tools is going to increase its presence in the medical segment offering integrated manufacturing solutions after the acquisition of Premier Machine Tools Ltd, a specialists in machining solutions for the medical industry.
One of the world’s largest providers of comprehensive metal cutting solutions, Seco Tools has acquired the Irish company Premier Machine Tools Ltd (PMT), a supplier of machining solutions for the medical industry. Seco will increase its presence in the medical segment offering integrated manufacturing solutions, with this acquisition. PMT will continue to operate as an independent company and sell its products and services under the PMT brand. PMT are specialists in machining solutions for the medical industry. Its business consists of supplying cutting tools and providing expertise, alongside a thriving machine tool supply business.
“Seco and PMT have enjoyed a close and successful working relationship for many years. Our offer to our customers has been further enhanced with PMT joining the Seco Tools family," said Stefan Steenstrup, President of Seco Tools. With its origins in Fagersta, Sweden and present in more than 75 countries, Seco Tools is a leading global solution provider of metal cutting solutions for indexable milling, solid milling, turning, hole making, threading and tooling systems.
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