Höganäs AB is the world’s largest producer of metal powder, used in a wide variety of products from gearboxes and electric engines to refrigerators and heating equipment.
Metal powders from Höganäs AB are used in a wide spectrum of applications across different industries. The inherent properties of metal powders provide unique opportunities. They can be found in car components such as connecting rods and gears, in electric motors, in agricultural equipment and in food industry products like iron-fortified corn flakes. Metal powders can also be used to remove contaminants in drinking water and to clean industrial wastewater.
The largest customer segment is the automotive componentry industry. In 2021, Höganäs reported sales of SEK 10,527 million and had 2,282 co-workers in 16 countries.
From November 2017 to February 2018 Höganäs acquired three companies: start-up innovation company Metasphere Technology in Luleå, Sweden, the Surface Technology and Ceramic Powders division from H.C. Starck of Germany, and the Swiss tool maker Alvier PM-Technology. With these acquisitions Höganäs gains around 450 co-workers and strategic competence within surface coating, additive manufacturing and PM tooling.
Höganäs' origins can be traced back to 1797, when coalmining started in the village of Höganäs in southern Sweden. Coalmining, bricks and industrial ceramics have played important parts in the company's history, but today Höganäs focuses solely on metal powders. Ulf G. Lindén acquired shares in the company through the 1980s and became sole owner in 1987.
Höganäs re-listed on the Stockholm stock exchange in 1994 but returned to private ownership in 2013 after Lindéngruppen and the Wallenberg foundations, through Foundation Asset Management (FAM), completed a joint takeover.
Lindéngruppen and FAM control 50% each of the shares in Höganäs.
For more information, please visit hoganas.com