Höganäs acquires Swiss PM tooling company Alvier
February 9, 2018
Höganäs AB has acquired Europe’s largest Powder Metallurgy tooling manufacturer, Swiss based Alvier AG PM-Technology. Alvier develops and produces innovative tooling solutions, supporting industry in the development of complex PM parts.
Founded 30 years ago in Buchs, Switzerland, the company’s range of products and services cover the entire value chain, from engineering and manufacturing to installation, customer service and training. Its client base reaches across four continents with customers in more than 20 countries.
Fredrik Emilson, Höganäs CEO, stated, “With this acquisition Höganäs wishes to secure Alvier’s continued development as an outstanding tool engineering company, providing world-class support to PM customer and Industry and allowing new innovations to be realised within Mechanical as well as Electromagnetic automotive applications.”
“The Alvier team is pleased to continue its work with a strong and reliable owner in the background. Our company now has optimal conditions for further innovative development in the exciting world of Powder Metallurgy,” added Peter Rauch, CEO Alvier.
Höganäs and Alvier have collaborated since 2005 in projects aimed at advancing the possibilities PM technology. For example, Alvier equipped Höganäs’ PoP Centre in Höganäs, Sweden, with state-of-the-art tools in presses. In 2012 the two companies joined forces with other partners in the industry to re-engineer the first automotive manual transmission equipped with PM gear technology.
“We see a great potential in Alvier’s offering. By fully exploring optimal combinations of powder and tool in the compaction process, Alvier will also be vital to our efforts to apply new digital technology in future process and material solutions”, added Emilson. “Höganäs will support Alvier’s development and global ambitions so that it remains a strong and independent player.”