Acme United Corp., Fairfield, CT, has acquired Vogel Capital Inc., doing business as Diamond Machining Technology, for $7 million.
DMT, Marlborough, MA, with 2015 sales of $5.4 million, is a manufacturer of sharpening tools for knives, scissors, chisels and other cutting tools.
"DMT complements Acme United’s existing brands and products within the industrial, hardware, floral, food preparation and sporting goods markets," said CEO Walter C. Johnsen.
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