# Höganäs acquires STC

Höganäs announced the acquisition of STC, a company in surface coating and additive manufacturing, to expand into new markets and product groups.

- Type: Acquisition
- Announced: 2019-01-29
- Status: announced
- Products: surface coating, additive manufacturing
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Höganäs AB](https://endata.com/companies/18223.md) (acquirer)
- [STC](https://endata.com/companies/30117.md) (target)
- [Alvier](https://endata.com/companies/36957.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/hoganas/Index/b4), 2019-01-29: "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 realized within Mechanical as well as Electromagnetic automotive applications."
- [news.cision.com](https://news.cision.com/hoganas/Index/c), 2019-01-29: "STC is a strategically important acquisition for our growth agenda in more areas than traditional powder metallurgy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.