Nano Dimension Acquires Admatec and Formatec
With this acquistion, Nano Dimension says it is adding two critical aspects to its offering in the AM domain — materials and new product types.
Admatec’s latest integrated debinding and sintering furnace. Photo Credit: Admatec
Nano Dimension, a supplier of additively manufactured electronics (AME) and multidimensional metal and ceramic additive manufacturing (AM) 3D printers, has signed and closed a definitive agreement to acquire Formatec Holding B.V, which includes its two subsidiaries Admatec Europe B.V. and Formatec Technical Ceramics B.V.
Admatec/Formatec, based in the Netherlands, is comprised of two complementary businesses operating together, which were part of the U.S.-based Precision Surfacing Solutions, which is a developer and manufacturer of AM and 3D printing systems for ceramic and metal end-user parts. Its industry-grade systems — powered by digital light processing technology — use materials with mechanical, electrical, thermal, biological and chemical properties to produce an array of parts for medical, jewelry, industrial and investment casting uses.
The companies’ industrial production service division is a design-to-production partner for industrial-scale customers via its service bureau platform that combines the advantages of injection molding and AM. Both means of production have served as a strategic advantage in working with customers, from early stage ideas into serial production of end-use parts. Nano Dimension says its go-to-market platform is geared to accelerate and broaden the reach of Admatec and Formatec’s products and services to growing markets, particularly in the U.S. and Europe.
With the added companies, Nano Dimension says it will add two critical aspects to its offering in the AM domain — materials and new product types. Now, Nano Dimension will also benefit from ceramic and metals — two critical materials for developing applications and end-use parts — giving customers the ability to print larger parts, going in size from millimeters to multiple centimeters/inches. This is all further enhanced by the combination of possibilities for Nano Dimension with 3D AM integrated with metal injection molding.
“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,” says Jaco Saurwalt, chief operating officer of Admatec/Formatec, who is joining Nano Dimension as the head of its Admatec/Formatec Division. “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.”
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