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Completed
Synopsis
SBO, a manufacturer of high-alloy, non-magnetic steel and high-precision components, completed the acquisition of 3T Additive Manufacturing, a provider of polymer and metal additive manufacturing services. Financial terms were not disclosed. “With the successful completion of the acquisition of 3T Additive Manufacturing, we are setting another milestone in our strategic diversification. We are expanding our Precision Technology division by adding a highly specialized and well-positioned company in the field of 3D metal printing, which opens up new markets for us and strengthens our competitive position sustainably. At the same time, we are underlining our strong commitment to technology leadership, sustainability, and resilient supply chains, ” Klaus Mader, SBO CEO.
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