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Seco Tools acquires PMT Premier Machine Tools
Industry News- Feb 03,23
With this acquisition, Seco Tools will increase its presence in the medical segment offering integrated manufacturing solutions.
Seco Tools has acquired the Irish company PMT Premier Machine Tools Ltd (PMT), a supplier of machining solutions for the medical industry. With this acquisition, Seco will increase its presence in the medical segment offering integrated manufacturing solutions.
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. All current PMT offerings will continue in the future.
PMT has been successful in building a strong reputation, particularly in its home country of Ireland. With PMT joining the Seco family, Seco has strengthened its offering in the medical device, and will build on its success worldwide.
“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, holemaking, threading and tooling systems. With the hands-on application advice of Seco Tools, the company drives excellence for more than 80 years throughout the entire manufacturing process of manufacturers by ensuring high-precision machining and high-quality output.
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