The acquisition is said to mark a “significant step” in the Australian additive manufacturing company’s ambitions to become a global company with bases now in Europe, the U.S and Australia.
The company says the move emboldens its belief in the “significance and future potential” AM holds as a “key supplementary production method in plastic processing.”
AMT intends to use the funds to facilitate the roll out of the new generation of its PostPro SF vapour surface finishing system, while also scaling the company’s commercial operations and further growing its IP portfolio.
PrinterPrezz has announced the acquisition of Vertex Manufacturing, the advanced manufacturing service provider set up by Morris Technologies founder and TCT Hall of Famer Greg Morris.