Announced
Financials
Tags
Acquisition
Cement
Private
Cross Border
ceramics
Friendly
Completed
Netherlands
Majority
Single Bidder
Synopsis
Nano Dimension, a firm engaged in research and development of a three-dimensional printer that prints electronic circuit boards, agreed to acquire Formatec, a manufacturer of ceramics products in the Netherlands. Financial terms were not disclosed. “The teams across Admatec and Formatec are excited to become a part of Nano Dimension. We are proud of how we have developed this business and are convinced that we shall be able to expand and accelerate our growth based on our present technology and services. We expect that the combined expertise with Nano Dimension will further establish a leading position in the high-mix-low-volume metal 3D-AM production markets," Jaco Saurwalt, Formatec COO.
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