1/23/2017 | 1 MINUTE READ

Oerlikon Acquires Citim

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With this acquisition, the company expands its additive manufacturing technology and service portfolio.

Oerlikon has signed an agreement to acquire Citim GmbH, a Germany-based company specializing in additive manufacturing design and production of metal components. The acquisition expands Oerlikon’s additive manufacturing technology and service portfolio with established 3D printing capabilities in Europe and in the United States.

Oerlikon says its knowledge in the engineering of industrial components, materials, and closely related technologies such as thermal spray and thin-film coating make it well positioned to take part in the industrialization of additive manufacturing. The acquisition of Citim adds expertise in the area of additive manufacturing production services and paves the way for Oerlikon to become an independent service provider for additive manufacturing components.

Citim’s core expertise lies in metal additive manufacturing for small-series production and functional prototypes. The company operates production sites in Europe and in the United States, serving industries such as aviation, automotive and energy. 

Oerlikon CEO Dr. Roland Fischer said: “The competencies and team from Citim will serve to consolidate our position in the additive manufacturing business, marking the acquisition as an important move for us to drive the industrialization of additive manufacturing and to become an independent service provider for the production of additively manufactured components. We will continue to make targeted investments in the additive manufacturing market to solidify our value proposition.”

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