03 02 2023Business impact

Sandvik acquires PMT Premier Machine Tools

CNC machine

RDJ advised PMT Premier Machine Tools Limited on its acquisition by Sandvik, a Swedish multinational engineering company specializing in metal cutting, digital and additive manufacturing, mining and construction, stainless and special steel alloys, and industrial heating.

PMT Premier Machine Tools, a leading supplier of machining solutions for the manufacturing and medical industry, was founded in 2000. Swedish multinational, Sandvik is a high-tech engineering group with approximately 39,000 employees in about 150 countries. With the acquisition of PMT, Sandvik plans to increase its presence in the fast-growing medical sector offering integrated manufacturing solutions.

The RDJ transaction team included Diarmaid Gavin, Maria Walsh and Marie Jennings (Corporate and Commercial); Mark Barrett, Mark Ludlow and David Rodgers (Tax); and Georgina Wallace (Real Estate).

Learn more about our Mergers and Acquisitions team here.

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Diarmaid Gavin