The acquisition will allow Caracol to integrate Weber’s additive technology into its product portfolio, enhancing its large-format ecosystem, and expanding the company's reach in the DACH region.
The company cited the 'current market situation and economic parameters' for the decision, though confirmed existing customers and users of Freeformer 3D printers will continue to be supported.
Pac-Dent, the manufacturer of the Rodin dental 3D printing resins, believes the acquisition unites two 'innovation leaders' and will enhance its service to dental clinicians and labs on a global scale.
The EnvisionTec dental portfolio includes the patented cDLM technology in the Envision One and the Einstein DLP printer lines, as well as materials like the hybrid nanoceramic Flexcera resin for 3D printed dental prosthetics.
Private investment firm Partners Group has acquired a significant minority stake in the company for 65 million USD, while existing shareholders have grown their respective shares for around 39 million USD.
The 3D printing company has welcomed back former Head of Market Development Dana McCallum as Head of Global Enterprise Sales, and appointed dental industry specialist Christoph Meyer as Director of Oral Health Sales Europe.
Quantum, which was founded to 'ensure the sustainable growth of strategic industrial assets' has acquired all of BCN3D's assets, including its headquarters and the production facility it opened last year.
TCT Group Content Manager Sam Davies sits down with Dan Kehr, Senior Director of Business Development at GreatAmerica Financial Services, to discuss the organisation's aim to transform financing and payment solutions in the AM sector.
A press release distributed by Anzu Partners says that there have so far been no objections to the acquisition of EnvisionTec GmbH and the organisation does not anticipate any appeals. The parties will now begin implementing the transaction.
It comes just days after Desktop Metal - the parent company of ExOne since a $575 million acquisition in 2021 - filed for chapter 11 bankruptcy, with foreign subsidiaries being put up for sale.
After news broke of Desktop Metal's Chapter 11 bankruptcy, Nano Dimension announced that the decision was made by Desktop Metal’s independent Board of Directors.