ATA, an Irish precision engineering multinational, has acquired UK-based cutting tool manufacturer and distributor Industrial Tooling Corporation (ITC), as well as Dutch manufacturer Van Hoorn Carbide. Along with ATA’s existing operations in Ireland, Germany, Switzerland, the UK and the US, the transactions bring the group’s pro-forma 2022 revenue to circa €100m and its global headcount to circa 500.

The transactions significantly enhance ATA’s reach and expertise in the carbide round tool market, the largest segment of the more than $20bn global cutting tool arena. Ralph
Van Hoorn, managing director of Van Hoorn Carbide, and Peter Graves, managing director of ITC, will continue in their current roles and join the ATA senior management team.
For further information www.atagroup.com