Nano Dimension acquires 3D printing businesses

Nano Dimension Ltd has signed and closed a definitive agreement to acquire Admatec Europe and Formatec Technical Ceramics BV.

Nano Dimension makes 3D printed electronics and metal and ceramic additive manufacturing (AM) systems.

Admatec/Formatec, based in the Netherlands, were part of the US-based Precision Surfacing Solutions, a developer and manufacturer of 3D printers for ceramic and metal end-user parts. According to Nano Dimension, its machines use digital light processing technology to produce parts for medical, jewelry, industrial, and investment casting.

The business had US$5.3 million in revenue with a gross margin of 56% in 2021. Nano Dimension has paid a total cash sum of $12.9 million in the transaction.

“With Admatec/Formatec, Nano Dimension will add two critical aspects to its offering in the AM domain: materials and new product types,” a press release said. “As the company advances, offering new Admatec/Formatec product types will harness the ability for customers to print larger parts – going in size from millimeters to multiple centimeters/inches. This is all further enhanced by the combination of possibilities for Nano Dimension with 3D-additive manufacturing integrated with metal injection molding.”

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