Okret d.o.o

What Okret d.o.o does

Okret d.o.o is a Croatian privately held limited liability company (d.o.o.) founded in 1998 and headquartered in Kaštel Lukšić, Croatia, that distributes cutting tools and metalworking solutions to industrial manufacturers and metalworking shops across Croatia. The company maintains four physical locations (Kaštel Lukšić HQ, Split, Zagreb, and Varaždin) and serves customers via direct enterprise field sales with technical sales representatives who provide tool selection consultation and machining parameter optimization.

The core offering is the distribution and integration of cutting tool systems spanning turning, milling, drilling, threading, countersinking, toolholders, and workpiece clamping, sourced from international partners including Walter, Vargus, Maykestag, Botek, SMW Autoblok, Schunk, Henkel, and Jokisch. Okret does not manufacture proprietary tools but layers value-added services on top of distribution: CAD/CAM-based custom tool design and special tool manufacturing, tool reconditioning and coating through partner Kovinos and Walter, and tool vending machine solutions for automated inventory management. It is also the official Tool Data Management (TDM) software partner for Croatia, offering production monitoring and optimization software, and provides access to partner-developed digital tool selection platforms (Walter GPS, MaySpeedGuide, Vargus Genius, Walter Innotime).

Revenue is generated primarily through hardware sales with markups on imported international-brand products, supplemented by professional services revenue from custom tool design, reconditioning, and software/vending machine solutions. Pricing is quote-based and negotiated per customer and project, with no public pricing disclosure. The company is privately held with no disclosed parent company, institutional investors, public listing, or external funding, and reports a headcount of 9 employees.

Name

Okret d.o.o

Legal name

Okret d.o.o.

Website

https://okret.hr

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

Okret d.o.o is a privately held Croatian distributor founded in 1998 that supplies cutting tools, workholding solutions, and metalworking consumables from international brands (Walter, Vargus, Maykestag, Botek) to manufacturing companies in Croatia, supplemented by custom tool design, reconditioning, TDM software, and vending machine services.

Ownership category

akta.pro rank

Headquarters

HQ city

Kaštel Lukšić

HQ country

Croatia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Cutting Tool Distribution: Distribution of cutting tools including turning tools, milling tools, drilling tools, threading tools, countersinking tools, toolholders, workpiece clamping devices, and lubricants/coolants. Revenue is generated through product sales with markups on international brand products from suppliers like Walter, Vargus, Maykestag, Botek, SMW Autoblok, and others.
2. Custom Tool Design and Manufacturing Services: Design and production of special/custom tools and devices according to customer specifications using CAD/CAM tools. Also includes tool reconditioning, grinding, and coating services through partners Kovinos and Walter.
3. Tool Data Management (TDM) Software Partnership: Official TDM partner for Croatia providing software solutions for production improvement and monitoring. Revenue derived from software partnerships and implementation support.
4. Vending Machine Solutions: Supply and installation of tool vending machines for automated tool management, inventory control, and tool provision in manufacturing facilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Okret d.o.o. is a Croatian B2B distributor of industrial cutting tools and metalworking solutions, offering turning, milling, drilling, threading, and countersinking tools sourced from international brands (Walter, Vargus, Maykestag, Botek, SMW Autoblok, etc.). The company complements product distribution with CAD/CAM-based custom tool design, tool reconditioning via partners, official TDM (Tool Data Management) software partnership for Croatia, and tool vending machine installations for automated inventory management.

Product overview

Okret d.o.o is a Croatian company serving as a distributor of cutting tools and provider of technological solutions. The product portfolio centers on metalworking tools including turning tools (with Walter Tiger-tec Gold inserts), milling tools (HSS and TC cutters including Walter M4000 series), drilling and boring tools, countersinking tools, threading tools, toolholders (supporting DIN, HSK, CAPTO standards), and workpiece clamping equipment. Additional offerings include lubricants and coolants, hand deburring tools, and measuring instruments. The company complements its product distribution with services including custom tool design using CAD/CAM systems, special tool manufacturing, tool reconditioning (via partnerships with Kovinos and Walter), Tool Data Management (TDM) software as official Croatia partner, and vending machine solutions for automated tool inventory management.

Differentiator

Problem solved

Functional benefit

Products and services

• Turning Tools Complete range of turning tools including toolholders for turning, parting off, grooving, and threading, featuring Walter Tiger-tec Gold inserts for high wear resistance. Sourced from Walter and other international brands for CNC turning operations.
• Milling Tools HSS and TC milling cutters, indexable insert milling cutters, thread milling cutters, and accessories. Includes Walter M4000 series and Protomax-Inox for stainless steel applications from Walter, Maykestag, and Vergnano.
• Drilling and Boring Tools HSS-TC drilling and reaming tools, indexable insert boring tools, and deep hole drills from Botek for precision deep hole drilling applications in CNC machining.
• Countersinking Tools HSS and TC countersinks from Walter and Maykestag for chamfering and deburring operations in metalworking.
• Threading Tools Complete threading solutions including taps, thread formers, threading dies, and thread milling cutters sourced from Walter, Vargus, and Vergnano for thread production in turning and milling operations.
• Toolholders Toolholders supporting DIN 69871, MAS 403 BT, DIN 69893 HSK, EPS ISO 26623-1 (CAPTO), DIN 63880 VDI, and DIN 2080 standards. Includes driven and static holders, collets and accessories from SCM, MT (Marchetti), Kintek, and Eroglu.
• Workpiece Clamping Lathe chucks, chuck jaws, vises, magnetic clamping devices, and automatic positioning systems from Schunk, SMW Autoblok, and LTF for secure workpiece holding during machining.
• Lubricants and Coolants Auxiliary fluids, pastes for welding and metalworking, and metalworking fluids from Jokisch and Henkel for cutting, machining, cleaning, and degreasing operations.
• Other Products Hand deburring tools and measuring instruments and devices for quality control in machining operations.
• Design of Special Solutions Custom CAD/CAM-based design services for special tooling solutions, tool assembly verification, machining capability assessment, and workpiece clamping solutions tailored to customer specifications.
• Special Tools Production Manufacturing of specially designed tools and devices in cooperation with partners to meet specific customer requirements, including CNC turning and milling capacity exchange.
• Tool Reconditioning Tool grinding and coating services in partnership with Kovinos and Walter to restore cutting tool performance and extend tool life.
• TDM (Tool Data Management) Software Official TDM partner for Croatia providing tool data management software for production optimization, monitoring, and CAD/CAM system integration. Includes 3D tool graphics for simulation and warehouse cost reduction.
• Tool Vending Machines Supply and installation of tool vending machines for automated tool provision, inventory management, and production downtime avoidance, with reported tool stock reduction of up to 50%.

Quantifiable outcome

• Tool stocks reduced by up to 50% using vending machine solutions
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

18 partnerships are on record, tiered core, standard and minor.

• WaltercoreChannel Partner/ Reseller/ DistributorMajor partner for cutting tools including TC insert tools for milling, turning, boring, and drilling. Provides tool holders and comprehensive product catalog. Walter is a flagship brand partner offering Tiger-tec Gold technology and Walter GPS digital tool selection system.
• MaykestagcoreChannel Partner/ Reseller/ DistributorPartner for HSS and TC milling cutters, twist drills, and reamers. Provides cost-effective tooling solutions complementing the premium Walter brand.
• VarguscoreChannel Partner/ Reseller/ DistributorPartner for threading, grooving, and deburring tools. Provides Vargus MACH line for turning and milling threads, and Vargus Genius digital tool selector and CNC program generator.
• VergnanostandardChannel Partner/ Reseller/ DistributorPartner for HSS taps, formers, dies, milling cutters, and reamers. Offers additional threading and machining tool options.
• BotekcoreChannel Partner/ Reseller/ DistributorPartner for deep hole drilling tools. Provides specialized drills for deep hole machining applications.
• KovinoscoreImplementation/ SI/ Consulting PartnerPartner for tool reconditioning services. Kovinos provides professional tool sharpening and coating services to restore cutting tools.
• SMW AutoblokcoreChannel Partner/ Reseller/ DistributorPartner for workpiece clamping solutions including chuck jaws, vises, and clamping systems. Provides complete workholding product range.
• KemmlerstandardChannel Partner/ Reseller/ DistributorPartner for HSS-TM tools for tapping, pressing, threading, milling, and reaming operations.
• SCMstandardChannel Partner/ Reseller/ DistributorPartner for tool holders used in machining operations.
• MT (Marchetti)standardChannel Partner/ Reseller/ DistributorPartner for driven and static turning holders for CNC lathe applications.
• DummelstandardChannel Partner/ Reseller/ DistributorPartner for TC tools for turning, grooving, and milling operations.
• KintekstandardChannel Partner/ Reseller/ DistributorPartner for tool holders and accessories including collets.
• ErogluminorChannel Partner/ Reseller/ DistributorPartner for tool holders and accessories including DIN 63880 VDI, DIN 2080 interface products.
• Tecnospiro RoscamatminorChannel Partner/ Reseller/ DistributorPartner for articulated tapping arm machines for automated threading operations.
• Walter SchierstandardChannel Partner/ Reseller/ DistributorPartner for multi-brand tools including cutting, clamping, grinding, and hand tools plus measuring instruments.
• JokischstandardChannel Partner/ Reseller/ DistributorPartner for auxiliary fluids, sprays, and pastes for welding and metalworking applications.
• HenkelstandardChannel Partner/ Reseller/ DistributorPartner for metalworking fluids, cleaning, and degreasing products.
• TDM SystemscoreStrategic or Co-development PartnerOfficial TDM (Tool Data Management) partner for Croatia. Provides software solutions for tool data management, production monitoring, and optimization. Benefits include tool cost reduction, warehouse administration optimization, tool usage optimization, and increased tool availability.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• ISCAR: ISCAR, part of IMC Group, is a global metalworking tools manufacturer specializing in turning, milling, drilling, and grooving. Comparable to Okret as a cutting tool supplier with both direct channels and authorized distributor networks serving industrial customers.
• Sandvik Coromant: Sandvik Coromant is a global leader in metal cutting tools and digital machining solutions, part of Sandvik Group. Comparable to Okret through its cutting-tool portfolio and digital tooling platforms (e.g., CoroPlus), and a potential supplier/competitor dynamic to Okret similar to Walter.
• MSC Industrial: MSC Industrial Direct is one of the largest US metalworking and industrial supply distributors, offering cutting tools, MRO supplies, and inventory management solutions to manufacturers. Comparable to Okret in business model (multi-brand metalworking distribution with inventory/vending solutions) but at much larger scale and broader geographic reach.
• Würth: Würth is a globally dominant industrial supply and fastening distributor serving professional craftsmen and industrial customers with a broad multi-brand product portfolio and direct field sales. Comparable to Okret as a field-sales-driven, multi-brand industrial B2B distributor, though Würth operates at vastly greater scale and across far more product categories.
• Walter Tools: Walter Tools is a premium German cutting tool manufacturer (Walter, Walter Titex, Walter Prototyp) and a flagship partner of Okret. Comparable as it both supplies Okret's core product line and operates its own direct distribution, digital tool selectors (Walter GPS), and technical services — a direct upstream/downstream peer to Okret's distribution business.
• Seco Tools: Seco Tools is a global cutting tool manufacturer offering milling, turning, drilling, and toolholding solutions with direct sales and distributor networks. Comparable to Okret's premium cutting tool offering and direct/indirect sales model, though Seco is a manufacturer-led business rather than a pure distributor.
• Dormer Pramet: Dormer Pramet is a global cutting tool manufacturer (round tools and indexable inserts) with direct sales and authorized distributor networks across Europe. Comparable to Okret's portfolio overlap in drilling, milling, threading, and turning tools, and operates a similar manufacturer-plus-distributor go-to-market model.
• Grainger: W.W. Grainger is a large US-based industrial distribution business serving business and institutional customers with MRO products, including cutting tools and metalworking supplies. Comparable to Okret in B2B distribution of metalworking products and inventory-management offerings, though Grainger operates at much broader scale and product breadth.
• Kennametal: Kennametal is a global manufacturer of metalworking tools, wear-resistant products, and engineered components with its own distribution channels serving industrial customers. Comparable to Okret as a cutting tool supplier/distributor serving CNC machining customers, though operating at global manufacturing scale rather than distribution scale.

Direct peers

• Hoffmann Group: Germany-based Hoffmann Group is one of Europe's leading B2B distributors of quality tools, cutting tools, and industrial supplies with its own manufacturing capability. Highly comparable to Okret as a multi-brand premium cutting tool distributor with deep technical sales, custom tool solutions, and digital tool selection platforms serving manufacturing customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/okret

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Okret d.o.o