Hyperion Materials & Technologies completes acquisition of Damen Carbide Tool Co. in Asset Transaction
Acquiring Company
Hyperion Materials & Technologies
Acquired Company
Damen Carbide Tool
WorthingtonWood DaleOtherManufacturingCommunity And LifestyleHealth CareMiningPrecious MetalsManufacturingPrecious MetalsSalesDescription
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.
Quick answer
Hyperion Materials & Technologies is acquiring Damen Carbide Tool, announced July 29, 2024. Hyperion Materials & Technologies is based in Worthington, Ohio, United States.
- How much did Hyperion Materials & Technologies pay for Damen Carbide Tool?
- The deal value was not disclosed.
- What does Hyperion Materials & Technologies do?
- Hyperion Materials & Technologies, headquartered in Worthington, Ohio, USA, is a global leader in developing hard and super-hard materials.
- Where are Hyperion Materials & Technologies and Damen Carbide Tool based?
- Hyperion Materials & Technologies is based in Worthington, Ohio, United States. Damen Carbide Tool is based in Wood Dale, Illinois, United States.
- Who are the decision-makers at Hyperion Materials & Technologies?
- Fundz holds 2 contacts at Hyperion Materials & Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Damen Carbide Tool?
Damen Carbide Tool was acquired by Hyperion Materials & Technologies, based in Worthington. The deal was reported on July 29, 2024. Hyperion Materials & Technologies, headquartered in Worthington, Ohio, USA, is a global leader in developing hard and super-hard materials. Visit HyperionMT.com, LinkedIn or YouTube to learn more. Hyperion Materials & Technologies is privately held and operates in Other.
When did Hyperion Materials & Technologies acquire Damen Carbide Tool?
Hyperion Materials & Technologies's acquisition of Damen Carbide Tool was reported on July 29, 2024. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Damen Carbide Tool do?
DAMEN CARBIDE has been an industry leader in the design and manufacturing of solid carbide tools since 1948. It is privately held, operating in Manufacturing, and is based in Wood Dale.
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