Torqx Capital Partners has acquired a majority stake in Diamond Tools Group, aiming to enhance its growth and market position in the diamond tool manufacturing sector.

Information on the Target

Diamond Tools Group B.V. (DTG) is a prominent global manufacturer specializing in ultra-precision diamond cutting tools and wire dies. With over a century of expertise, the company is headquartered in Valkenswaard, the Netherlands, and has additional manufacturing facilities located in Spain, the UK, the US, and China. DTG operates two main divisions: the Precision Tools division, focusing on ultra-precision diamond cutting tools primarily for the optics market, and the Esteves division, which manufactures diamond wire dies essential for the wire and cable drawing industry. DTG employs approximately 460 individuals and has built a strong reputation in its field.

Industry Overview in the Netherlands

The diamond tool manufacturing industry in the Netherlands is characterized by advanced technology and innovation, with companies leveraging proprietary production processes to maintain a competitive edge. The country hosts several industry leaders who are instrumental in shaping global manufacturing standards for precision tools. These manufacturers invest heavily in research and development to enhance their product offerings and expand into new markets.

As the demand for ultra-precision tools continues to surge across various sectors, including optics and electronics, Dutch manufacturers are well-positioned to capitalize on this trend. The combination of