International Resource News-March 3, 2020--Alleghany Capital subsidiary Precision Cutting Technologies acquires Supermill
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International Resource News - 03 March 2020
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Precision Cutting Technologies Inc, a subsidiary of Alleghany Capital Corporation, has acquired Supermill LLC.
Precision Cutting Technologies holds Alleghany Capital's investments in the machine tool and consumable cutting tool sectors. Olshan Frome Wolosky LLP acted as legal counsel to Alleghany Capital. Brown Paindiris & Scott, LLP acted as legal counsel to Supermill.
Terry Derrico, president of Precision Cutting Technologies, said, 'We are excited to partner with Tom Hale, founder and president of Supermill, as well as his talented and experienced team of associates. The acquisition of Supermill enhances Precision Cutting...