Hyperion acquires cemented carbide company Arno Friedrichs Hartmetall

September 12, 2019

Hyperion Materials & Technologies Inc., a materials science company headquartered in Worthington, Ohio, USA, reports that is has signed an agreement to acquire Arno Friedrichs Hartmetall GmbH & Co. KG (AFH), Mainleus, Germany, and its affiliates, a supplier of cemented carbide blanks used in the manufacture of high-precision rotary cutting tools for drilling and milling applications.

The company states that at the close of the transaction, Arno Friedrichs, the company’s founder, will step down as CEO and join the Board of Directors of Hyperion, where he will contribute to the development of the combined business with his industry knowledge and expertise. Ralf Greifzu, AFC Executive, has led global sales at the company for seven years, and will reportedly replace Friedrichs as VP and General Manager of AFC.

Ron Voigt, CEO of Hyperion, stated, “We are thrilled to combine AFC’s leading innovation capabilities and differentiated manufacturing processes with Hyperion’s deep application expertise and materials science capabilities.”

“AFC is a premier producer of cemented carbide rotary tool blanks with an exceptionally talented workforce and a great reputation for supporting their customers and addressing their most challenging needs,” he continued. “In combining the talent and capabilities of both companies, we will be able to enhance our product offering through customer-focused innovation and provide even greater value to our customers.”

“It is with great pleasure that I announce our partnership with Hyperion,” commented Arno Friedrichs, founder of AFC. “Given our shared focus on providing best-in-class products to finished tool manufacturers, this partnership is a perfect fit. The combination will strengthen both companies and support AFC’s continued development.”

The transaction is expected to close in the fourth quarter of 2019.

www.hyperionmt.com

www.afcarbide.de

Recent issue of Powder Metallurgy review - your go-to resource to stay updated on the world of powder metallurgy and metal powders

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link