# Hyperion Materials & Technologies acquires Crafts Technology

Hyperion Materials & Technologies, a global materials science company, acquired Crafts Technology, a high-precision provider of tailor-made cemented tungsten carbide solutions. The acquisition aims to strengthen Hyperion's offerings in advanced hard and super-hard materials.

- Type: Acquisition
- Announced: 2021-04-15
- Where: Worthington, Ohio, United States
- Status: completed
- Products: cemented tungsten carbide components, super-hard material solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Hyperion Materials & Technologies Inc.](https://endata.com/companies/42069.md) (acquirer)
- [Crafts Technology](https://endata.com/companies/46706.md) (target)

## Sources

- [craftstech.net](https://craftstech.net/2021/04/15/hyperion-materials-technologies-announces-acquisition-of-crafts-technology/), 2021-04-15: "We are thrilled to combine Crafts Technology’s complementary engineering expertise and manufacturing capabilities with Hyperion’s materials expertise and global footprint."

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