Kennametal Inc. has signed a definitive agreement to purchase the Sintec Group, headquartered in Buching, Germany. The purchase of Sintec, which manufactures ceramic engineered components used in the aerospace, general engineering, metallizing and medical markets, complements Kennametal’s core knowledge of materials science. The transaction is expected to close by June 30, 2006, and remains subject to customary regulatory approval and negotiated conditions of closing. “The acquisition of the Sintec Group is directly in line with our strategy to grow both organically and through acquisitions in the advanced materials and engineered components space,” said James Breisinger, Kennametal vice president and president of Advanced Components Group. Click on the website link below for additional information.