Proto Labs to Acquire Alphaform AG
24 Setembro 2015 - 2:00AM
Business Wire
Acquisition expands Proto Labs’ additive
manufacturing presence in Europe
Proto Labs, Inc. (NYSE:PRLB) today announced that it has reached
agreement in principle to acquire select assets and operations of
Alphaform, AG subject to standard terms and conditions of
purchase.
Alphaform is a leading service bureau headquartered in
Feldkirchen (Munich), Germany. The planned acquisition will include
Alphaform divisions operating in Germany, Finland and the United
Kingdom. This acquisition will significantly expand Proto Labs’
additive manufacturing capabilities in Europe by adding selective
laser sintering, direct metal laser sintering and additional
stereolithography capabilities. The acquisition also includes the
injection molding service currently offered by Alphaform Claho, in
Eschenlohe, Germany. MediMet Precision Casting and Implants
Technology GmbH, a 100% subsidiary of Alphaform AG is not part of
the transaction.
“We are pleased to announce this strategic acquisition which
will accelerate the growth of our additive manufacturing services
in Europe and complement our current injection molding and CNC
machining services,” said Vicki Holt, President and CEO at Proto
Labs. “With those three complementary offerings, we’re uniquely
postioned to help designers and engineers take a product from the
initial stages of prototyping through low-volume production.”
The transaction is expected to be completed in early
October.
About Proto Labs, Inc.
Proto Labs is the world's fastest digital manufacturing source
for custom prototypes and low-volume production parts. The
technology-enabled company uses advanced 3D printing, CNC machining
and injection molding technologies to produce parts within days.
The result is an unprecedented speed-to-market value for product
designers and engineers worldwide. Visit protolabs.com for more
information.
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version on businesswire.com: http://www.businesswire.com/news/home/20150923006375/en/
Proto LabsBill Dietrick,
763-479-7664bill.dietrick@protolabs.comorMedia ContactHotwire for
Proto LabsAyla Richards,
646-561-8546ayla.richards@hotwirepr.com
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