---
title: Kelley Drye Represents Kennametal Inc. in Acquisition of the Widia Group
date: 2002-06-03T00:00:00-04:00
author: Import Bot
canonical_url: "https://www.kelleydrye.com/news/kelley-drye-represents-kennametal-inc-in-acquisition-of-the-widia-group"
section: News
---
# Kelley Drye Represents Kennametal Inc. in Acquisition of the Widia Group

 June 3, 2002

 

 

 

 

 

 

As reported in the *New York Law Journal’s* New Deals column, Kelley Drye’s India Practice Group represented Kennametal Inc., a Pennsylvania-based manufacturer of metal-cutting tools, in its acquisition of the overseas metal-cutting units of plastics and metalworking company Milacron Inc. for approximately $170 million.

Under the terms of the agreement, Kennametal will purchase a 77 percent stake in Germany-based Widia Group, a manufacturer of steel tools that has plants in western Europe and India.

 

 

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