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The shops were sold, and employees were encouraged to venture out on their own, which resulted in two new companies in Älvdalen.Musiech was started by Hagstrom and sold to Rolf Lindhamn, who was the official Swedish retailer of Aria and Guild guitars.Back in Sweden the brand continued to grow throughout the 1940s and 1950s and at one time had a total of forty-eight shops in northern Europe.In 1953 the accordion production reached its peak with 15,000 units being built.Hagström were the first company to mass-produce 8 string bass guitars as well as the first to build a guitar/synthesizer hybrid (Swede Patch 2000). In 2004 the brand was resurrected and is now in production in China.
In 1962, Hagstrom launched a series of guitars with coloured hard plastic (lucite) tops and vinyl covered backs.However, due to concerns of durability, these were given the brand name ‘Kent’.With the plastics used, they also featured a molded plastic pickguard with a ‘swimming pool’ between the two rounded single coil pickups.Soon Hagström expanded their line-up of guitars to include hollow bodies like the Viking and the Jimmy.
In 1961 the first line of Hagström basses was available to the public, this eventually came to include the groundbreaking 8 string bass.
In 1968 the Super Cromatic was introduced which came to be the last accordion built, with the last one made in 1970.