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Slide #6. 3D Systems — Robtec
3D Systems (NYSE:DDD)
3D Systems (NYSE:DDD) announced today that it entered into a definitive agreement to acquire Robtec. Headquartered in Sao Paulo, Brazil, Robtec is the largest Latin-American additive manufacturing service bureau and the leading 3D printing and scanning products distributor in the region. Under the terms of the definitive agreement, 3DS will acquire 70% of the shares of Robtec at closing and the remainder of the shares on the 5th anniversary of the closing. The terms of the transaction have not been disclosed. The transaction provides 3DS with the strongest possible platform for its Quickparts fast-turn, custom manufacturing expansion plans in Latin America and multiplexes its in-region 3D printing and additive manufacturing reseller coverage.
3D Systems provides 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on demand manufacturing services and digital design tools. Co.'s solutions support applications in two key industry verticals: Healthcare, which includes dental, medical devices and personalized health services; and Industrial, which includes aerospace, defense, transportation and general manufacturing. Co. provides a range of 3D printers, materials, software, haptic design tools, 3D scanners and virtual surgical simulators. Co. markets its products and services in North America and South America, Europe and the Middle East and the Asia Pacific region.
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Hold (1.80 out of 4)