Seco Tools acquires company with focus on aircraft industry
Seco Tools has acquired 100 per cent of the shares in AOB, a French manufacturer of PCD (Poly Crystalline Diamond) cutting tools.
AOB, based in Mortagne-sur-Sevre near Nantes, France, is one of the leading suppliers of PCD tools to the aerospace, automotive and woodworking industries and has special expertise and experience in machining of composite materials (CFRP). AOB has annual revenue of approximately EUR 4 million and around 50 employees.