Sandvik completed the acquisition of PDQ Workholding.

Sandvik, a Swedish multinational engineering company with operations within tools and tooling systems for metal cutting, completed the acquisition of PDQ Workholding, a modern tool shop focusing on the design and manufacture of part holding devices. Financial terms were not disclosed. "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," Stefan Widing, Sandvik President and CEO.