Kennametal buys European, Indian businesses

Metalcutting tools manufacturer/marketer Kennametal is buying the European and Indian metalcutting supplies businesses of Milacron for $170 million. Kennametal is the parent company of the J&L America industrial supplies catalog.

The businesses being bought include Germany-based Widia and Werko, which had combined sales of roughly $240 million last year. Latrobe, PA-based Kennametal sees the acquisition as a way of expanding intothe Asian markets.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.