FL Partners and MML Acquire ATA Group

Details: Category: Tungsten's News; Published on Thursday, 21 March 2013 16:03; Hits: 2373

FL Partners has acquired a 65% stake in the ATA Group, a manufacturer and worldwide distributor of tungsten carbide rotary files, known as burs.

ATA Group is based in Cavan, Ireland.The €17.3m investment in ATA Group is intended to fund the transatlantic acquisition of the US-based SGS Tools’ bur business. SGS Tools produces tungsten carbide end milling tools and drills as well as carbide burs.

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