Hyperion Materials & Technologies completes acquisition of Damen Carbide Tool Co. in Asset Transaction

Hyperion Materials & Technologies, a leading global materials science company, has entered into a definitive agreement to acquire the operations of Damen Carbide Tool Co., Inc. This acquisition will expand Hyperion's range of abilities to tailor custom parts to customers' requirements, providing specialized finishing capabilities for tailored, high-quality wear components through the addition of Damen Carbide's core competencies and manufacturing capacity.