Kennametal acquired Widia Group (from Milacron Inc.) for EUR 188 million, a transaction announced in August 2002.
Kennametal bought the Widia Group from Milacron to become a leading metalworking tools and engineered-products supplier in Europe and India, adding ~$240M in sales, a strong milling-consumables line and ten manufacturing plants.
Kennametal bought the Widia Group from Milacron to become a leading metalworking tools and engineered-products supplier in Europe and India, adding ~$240M in sales, a strong milling-consumables line and ten manufacturing plants.
Kennametal Inc. announced that it has completed the previously reported acquisition of the Widia Group from Milacron Inc. for EUR 188 million subject to post-closing adjustments.
Advisory firms were not disclosed for this transaction.