Continental Diamond Tool buys PG&F Superabrasives from Nimbus
PG&F Superabrasives makes precision plating and dressing tools and grinding wheels, with plants in Pennsylvania and Colorado; terms were not disclosed.
Continental Diamond Tool Corp. has completed its acquisition of PG&F Superabrasives from Nimbus, a European private equity firm focused on industrial and manufacturing companies. Continental Diamond Tool says the acquisition was effective November 1, 2026. Terms were not disclosed.
PG&F Superabrasives has operations in Royersford, Pennsylvania, and Montrose, Colorado. The Royersford site makes precision plating and dressing tools and 3D-printed vitrified bond wheels, while the Montrose sites make small and large grinding wheels for tool and centerless grinding. Continental Diamond Tool said the deal makes it one of the largest US-based superabrasives providers, with plants in Indiana, Pennsylvania, Colorado and the United Kingdom.
Deal facts
- Target
- PG&F Superabrasives
- Business
- US superabrasives business with operations in Royersford, Pennsylvania, and Montrose, Colorado
- Buyer
- Continental Diamond Tool
- Seller
- Nimbus
- Deal type
- Exit
- Status
- Completed
- Announced
- Monday, November 2, 2026
Sources
- EIN Presswire via The TennesseanNov 2, 2026
- citybizNov 2, 2026
- Continental Diamond Tool
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.