Press Release (ePRNews.com) - MAMER, Luxembourg - Feb 01, 2017 - The US American subsidiary of the carbide specialist CERATIZIT has signed an agreement to acquire a majority stake in the Californian solid carbide tool producer Best Carbide Cutting Tools, LLC, known for the high quality of its products with a focus on high-end micro-tools. Jacques Lanners, Co-Chairman of the CERATIZIT Group’s Executive Board says that in taking this step CERATIZIT (link to: http://www.ceratizit.com/) is strengthening its customer network in the USA and building on a nation-wide network of distributors.
Mark Nunez, President of Best Carbide says: “Thanks to this partnership, Best Carbide will have access to CERATIZIT technology and expertise. This will help the company to improve its manufacturing processes, technical capabilities and the quality of tooling – with the goal of ultimately achieving a greater added value for our customers. For the first time in its 37-year history, Best Carbide becomes part of a global cutting tool organisation. We believe this will have substantial benefit for Best Carbide’s stability, growth and advancement. The agreement is a win-win situation for both companies. Best Carbide Cutting Tools will continue to operate as it does today, but now with full support from the CERATIZIT Group.”
Read the complete article from ‘maschine+werkzeug’ for more information on this topic (in German) (link to: https://www.maschinewerkzeug.de/werkzeuge/uebersicht/arti…). Source :