Dormer Pramet agrees to acquire business of India-based Miranda Tools

By OEM Update Editorial June 27, 2020 5:23 pm IST

Dormer Pramet has agreed to acquire the business of India-based Miranda Tools, a manufacturer of High-Speed Steel (HSS) and solid carbide cutting tools, subject to conditions.

With a corporate base in Mumbai and several manufacturing facilities in the state of Gujarat, Miranda is one of the leading domestic cutting tool brands.