Diamant Boart S.A. is a world-leading manufacturer and distributor of diamond tools and related equipment for the construction and stone market. The company was founded in 1937.

In 2001, Diamant Boart had sales of SEK

Swedish krona

The krona has been the currency of Sweden since 1873. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it, but especially in the past, it sometimes preceded the value...

 2,500m (€

Euro

The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

 280m) and 2,000 employees worldwide. The company is headquartered in Brussels

Brussels

Brussels , officially the Brussels Region or Brussels-Capital Region , is the capital of Belgium and the de facto capital of the European Union...

, Belgium

Belgium

Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...

. In May 2002 Electrolux

Electrolux

The Electrolux Group is a Swedish appliance maker.As of 2010 the 2nd largest home appliance manufacturer in the world after Whirlpool, its products sell under a variety of brand names including its own and are primarily major appliances and vacuum cleaners...

 acquired Diamant Boart. The seller was Candover

Candover

Candover Investments plc is a British-based private equity firm, specialising in arranging and leading large buyouts and buyins. Candover Investments is structured as an investment trust...

, a UK-based private equity

Private equity

Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 company. And later in 2002, Diamant Boart was acquired by Husqvarna Construction Products, a division of Husqvarna AB

Husqvarna AB

The Husqvarna Group is the world's largest producer of outdoor power products including chainsaws, trimmers, lawn mowers and garden tractors. The Group is also the European leader in consumer watering products and one of the world leaders in cutting equipment and diamond tools for the construction...

.

See also

• 2004 explosions in Ghislenghien
  Ath
  Ath is a Belgian municipality located in the Walloon province of Hainaut. The Ath municipality includes the old communes of Lanquesaint, Irchonwelz, Ormeignies, Bouvignies, Ostiches, Rebaix, Maffle, Arbre, Houtaing, Ligne, Mainvault, Moulbaix, Villers-Notre-Dame, Villers-Saint-Amand, Ghislenghien...
  
  , involving a manufacturing site of Diamant Boart