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  • Hyperion to acquire Manar Tools Pvt Ltd

Hyperion Materials & Technologies announces Acquisition of Specialty Toolmaker, Manar Tools Pvt Ltd

Jul 15, 2026
Logo Manar.jpg

WORTHINGTON, Ohio — Hyperion Materials & Technologies, a leading global materials science company specializing in diamond and tungsten carbide for wear components and cutting tools, has announced the completion of the acquisition of Manar Tools, a Pune, India based manufacturer of custom cutting tools. Manar specializes in PCD rotary tools, inserts, gun-drills, and indexable tooling, with a strong foothold in India’s consumer electronics industry.

The addition of Manar Tools extends Hyperion’s vertical, downstream integration into custom end-user tooling solutions. Manar’s specialized capabilities and market niche make it a natural specialty-tool partner for Hyperion’s material expertise in PCD, PCBN and tungsten carbide.

“The fast-paced consumer electronics industry is establishing a strong foothold in India, and high-precision manufacturing is critical to success in this market.  Manar has established itself as a key player for top manufacturers in this industry, as well as for the automotive, aerospace and oil and gas industries.” said Mudassir Fajandar, Hyperion’s Senior Vice President for the APAC region. “We look forward to using Hyperion’s R&D and commercial infrastructure to expand Manar’s reach and bring its custom-engineered products to a broader market.”

With over 15 years of manufacturing experience, Manar focuses on efficient manufacturing of high-quality tools that are customized to its client’s specific requirements. Manar’s capabilities in PCD, CBN and CVD endmills, boring drills, reamers and inserts make it a strong partner for meeting a versatile set of customer requirements.

“We are excited to join our custom toolmaking operation with Hyperion’s material science expertise. Hyperion’s investment in India, from its tungsten processing capabilities to finished tooling, shows a commitment to growth in APAC that we’re happy to be part of,” said Vishal Telge, Managing Director at Manar Tools.