Seco Tools Overview

  • Founded
  • 1960
  • Status
  • Acquired/​Merged
  • Employees
  • 4,100
  • Latest Deal Type
  • PIPE
  • Financing Rounds
  • 2
  • Investments
  • 6

Seco Tools General Information


Manufacturer and supplier of carbide cutting tools. The company offers milling products, thread milling equipment and multi-directional turning products. It also provides drilling and reaming products, tooling systems and composite machining services.

Contact Information

Ownership Status
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Primary Industry
Other Consumer Durables
Other Industries
Industrial Supplies and Parts
Machinery (B2B)
Parent Company
Primary Office
  • Björnbacksvägen 10
  • Soth East
  • 737 82 Fagersta
  • Sweden
+46 0223-400 00
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Seco Tools Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Seco Tools Comparisons

HQ Location
Total Raised
Post Valuation
Last Financing Details
Manufacturer and supplier of carbide cutting tools. The company offers milling products, thread milling equipment and mu
Other Consumer Durables
Fagersta, Sweden
4,100 As of 2020
0.000 0000-00-00
000000000 000.00


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000000000 (000)
Latrobe, PA
0000 As of 0000
000000 - 000


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000000000 (000)
Hendersonville, NC
00 000000
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Seco Tools Competitors (26)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Kennametal Corporation Latrobe, PA 0000 000000 - 000
0000000 000000000 Private Equity-Backed Hendersonville, NC 00 000000
000000 (0000000) Corporation Tübingen, Germany 0000 000000&0
000000 0000 000000 Private Equity-Backed Rowley, MA 00 00000 000000000000 00000
0000000 0000000 00 Corporation Sudbury, MA 000 000000000 -
You’re viewing 5 of 26 competitors. Get the full list »

Seco Tools Executive Team (4)

Name Title Board Seat Contact Info
Fredrik Vejgården President & Chief Executive Officer
Lena Wernmo Chief Financial Officer & Vice President
To view Seco Tools’s complete executive team members history, request access »

Seco Tools Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Seco Tools Investments & Acquisitions (6)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 000000 000 01-Jun-2020 000000000000000000 Industrial Supplies and Parts 0000000 0000å0000
000 0000000 000000 10-Apr-2019 000000000000000000 Industrial Supplies and Parts 0000 000000000
0000000 0000 00000 29-Dec-2010 000000000000000000 Other Commercial Products
0000000 000000 29-Dec-2010 000000000000000000 Machinery (B2B)
Arbat Lider Grupp 21-Dec-2007 Merger/Acquisition Industrial Supplies and Parts 000 0ä00
You’re viewing 5 of 6 investments and acquisitions. Get the full list »

Seco Tools Subsidiaries (3)

Company Name Industry Location Founded
OSK company Cutting Technology Company Industrial Supplies and Parts Kunshan, China 2006
0000000 0000 00000 Other Commercial Products North Tonawanda, NY 0000
0000000 000000 Machinery (B2B) Troy, MI 0000
To view Seco Tools’s complete subsidiaries history, request access »