Littlejohn Sells Diamond Innovations

Littlejohn & Co. has agreed to sell Diamond Innovations Inc. to Sandvik Tooling (LSE: SDF). No financial terms were disclosed. Diamond Innovations a Worthington, Ohio-based maker of synthetic diamond and cubic boron nitride products for industrial applications like machining, oil and gas drilling, grinding, rock drilling and wire drawing. It is the former superabrasives division of GE. www.abrasivesnet.com/en