KOMET (UK) LIMITED: CERATIZIT S.A. acquires KOMET GROUP GmbH

New global player in cutting tools CERATIZIT S.A., Mamer, Luxembourg (headquarters) and KOMET GROUP GmbH, Besigheim, Germany, October 13, 2017 The CERATIZIT Group, headquartered in Mamer, Luxembourg, today announced the acquisition of the KOMET GROUP, headquartered in Besigheim, Germany, effective October 12, 2017. The transaction is still subject to the approval of the antitrust authorities. "The disruptive changes in the market environment pose enormous challenges for KOMET. The acquisition by CERATIZIT now opens up new opportunities for sustainable growth", says Dr. Christof Bönsch,