Seco Tools acquires Premier Machine Tools

Seco Tools, Fagersta, Sweden, has acquired Premier Machine Tools Ltd. (PMT), Kildare, Ireland, a supplier of machining technology for the medical industry.

With this acquisition, Seco adds to its presence in the medical manufacturing segment. PMT will continue to operate as an independent company and sell its products and services under the PMT brand. Its business consists of supplying cutting tools and providing expertise, along with a machine tool supply business. All current PMT offerings will continue in the future.

“Seco and PMT have enjoyed a close and successful working relationship for many years,” said Stefan Steenstrup, president of Seco. “Our offer to our customers has been further enhanced with PMT joining the Seco Tools family.”