Tenova reported the sale of HTC Group closed. HTC Group comprised four companies and specialized in advanced technologies for heat treatment processes. The purchasers, Qizhi GmbH and Shanghai Qizhi Information Technologies Co. Ltd., specialize in the research, development manufacturing, and assembling of mechanic systems and precision parts. Leadership at Tenova said demand for heat treatment technologies will expand rapidly in the metals powders space. “I am convinced that Qijing is the right purchaser to boost the development of the HTC companies, that will enhance them and develop their full potential,” Tenova CEO Andrea Lovato said.

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