Abstract: The invention relates to a shrinking device (1) for shrinking a rotary tool (5) into a central receiving opening of a toolholder (3) which holds said rotary tool (5) in a press fit. The device comprises an induction heating device (15, 18) for thermally expanding the toolholder (3) in the area of the receiving opening. A cooling device (51, 53) with at least one cooling collar (53) which can be placed on the toolholder (3), in physical contact with the same, and through which a liquid coolant can flow, is provided for cooling the receiving opening area of the toolholder. This liquid cooling considerably reduces the overall time span needed for the shrinking process.

Abstract: A shrinking arrangement for a tool holder is provided which retains a rotary tool with a press fit in a central accommodation opening. The arrangement includes an induction-heating arrangement for thermally expanding the tool holder in the region of the accommodating opening. The induction-heating arrangement includes an induction-coil unit which is guided on a vertical guide column such that it can be displaced with its coil axis vertical and which is connected, in particular via a flexible cable, to an induction-current generator which is fixed in relation to the column, and in that arranged on the induction-coil unit is a contact switch which can be actuated manually and by means of which the supply of induction current to the induction-coil unit can be switched on and off in a freely selectable manner at least for a limited period of time.