Add-on Acquisition • Metals/Mining

Hyperion M&T Acquires Predias

On August 2, 2022, Hyperion M&T acquired metals/mining company Predias

Acquisition Context
  • This is Hyperion M&T’s 2nd transaction in the Metals/Mining sector.
  • This is Hyperion M&T’s 1st transaction in Switzerland.

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M&A Deal Summary

Date August 2, 2022
Target Predias
Sector Metals/Mining
Buyer(s) Hyperion M&T
Deal Type Add-on Acquisition

Target Company

Predias

Geneva, Switzerland
Predias specialized in tailor-made solutions for diamond powder and polycrystalline diamonds. Predias is based in Geneva, Switzerland.
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Buyer Overview 1

Buyer

Hyperion M&T

Worthington, Ohio, United States

Category Company
Founded 2017
Sector Manufacturing
Employees1,400
DESCRIPTION

Hyperion M&T is a manufacturer of industrial tool component products using cemented carbide, cubic boron nitride, and synthetic diamond – high-quality materials known for their hardness and toughness. Hyperion M&T was founded in 2017 and is based in Worthington, Ohio.


Deal Context for Buyer #
Overall 7 of 11
Sector: Metals/Mining 2 of 2
Type: Add-on Acquisition 6 of 10
Country: Switzerland 1 of 1
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Aggressive Grinding Services

Latrobe, Pennsylvania, United States

Aggressive Grinding Services is a precision carbide and ceramic grinding business specialized grinding and machining capabilities, including surface, centerless, outside diameter (OD), and peel grinding, as well as wire electrical discharge machining (EDM) and wheel dressing services. Aggressive Grinding Services was founded in 1988 and is based in Latrobe, Pennsylvania.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-18 Dura-Metal

Irwin, Pennsylvania, United States

Dura-Metal manufactures wear- and corrosion-resistant precision tools and components from cemented carbides, advanced technical ceramics, ferroalloys, and high-speed steels. Dura-Metal is based in Irwin, Pennsylvania.

Buy -