Feb 19 (Reuters) - Investor Peter Gyllenhammar has bought 2 million more shares in 600 Group Plc, raising his stake in the UK machine tool maker to 12.4 percent, according to a regulatory filing.
Gyllenhammar bought the shares on Feb 17 for an undisclosed sum on behalf of Union Discount Co of London and Bronstadet AB, which he owns.
After the transaction, Gyllenhammar owns 7.1 million shares in 600 Group, the filing showed.
On Feb. 3, the company had said it planned to relocate its U.S. operations to a new facility, close its South African machine-tool operations and a facility in Germany.
The group, which cut more than 100 jobs last year, had forecast a full-year operating loss as revenue from its UK and North American markets was hit by lower orders, and had said it planned to cut 110 more jobs.

(Reporting by Austin Lobo in Bangalore; Editing by Gopakumar Warrier) Keywords: 600GROUP/HOLDINGS (austin.lobo@thomsonreuters.com; +44 207 542 7717; Reuters Messaging: austin.lobo@thomsonreuters.com)

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