Husqvarna buys diamond-tool operation
Garden and construction equipment maker Husqvarna has acquired the assets and operation relating to products for the construction industry within Sandvik Nora AB (previously Hagby Asahi AB), a company within Sandvik's Mining and Construction business area.
The acquired operation comprises production and sales of diamond tools and related machines for sawing, drilling and grinding. Annual sales amount to approximately SEK 65m. The operation is based in Nora, Sweden and Vantaa, Finland.