was acquired by
a portfolio company of
Founded in 1860, Crafts Technology strives to deliver the most advanced systems and tooling that continually enhance the utilization & performance of industrial equipment. Headquartered in Elk Grove Village, Illinois, Crafts offers decades of experience in developing products that demand super-hard materials in order to achieve maximum wear life, corrosion resistance and optimal performance for each application.
Crafts Technology was acquired by Hyperion Materials & Technologies, a portfolio company of KKR.