Höganäs AB signed an agreement to acquire H.C. Starck Group’s Surface Technology & Ceramic Powders (STC) division. STC manufactures high-alloyed and gas-atomized metal powders for a broad range of technologies, including additive manufacturing, hot isostatic pressing and metal injection molding. The company operates as a legally separated stand-alone division within the H.C. Starck Group and has two production facilities in Germany.

STC’s broad product portfolio will add significant product-development capabilities and know-how to Höganäs. According to Höganäs, the acquisition will enable it to access new customer segments within the additive-manufacturing and aerospace markets and adds a complementary geographic fit with STC’s strong presence in Europe.