The Dutch solid carbide tool specialist Jabro became a member of the Seco Tools group in 2001. The company has a full range of high quality solid carbide tools for the Aerospace, Die & Mould as well as many other precision engineering segments. Jabro's product range is a natural extension of Seco's products.
"Completion of this transaction is of great significance for Seco and part of the continuous process to strengthen Seco's competitiveness within important markets and customer segments," says Lars Renström, President and Chief Executive Officer of Seco Tools.
With 120 employees Jabro is among the leading companies in the product area solid-carbide end mills - a fast-growing area primarily focused on the aviation and die and mold industries. Through this acquisition, Seco Tools expands its product offering to customers, thereby strengthening its competitiveness in serving the above-mentioned customer segments.