Sandvik acquires workholding fixtures specialist PDQ
Workholding fixtures are used to hold a workpiece in place during subtractive manufacturing and is a fundamental part of machining solutions. The acquisition of PDQ will strengthen Sandvik's offer to customers primarily in
"The addition of PDQ will enhance our customer offer within machining solutions and strengthen growth prospects in the US, very much in line with our strategy. I am pleased to see us complete another acquisition which further improves our ability to create value for our customers and stakeholders," says
Founded in 2010, PDQ operates from two manufacturing sites, and has 107 employees. In 2023, the company reported a revenue of
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SOURCE Sandvik