Nano Dimension Ltd., the builder of 3D printers for electronics to buy complementary companies, a pioneer in the additively manufactured electronics market and a builder of metal and ceramic 3D printers, has announced plans to acquire Formatec Holding B.V. and its subsidiaries, Admatec Europe B.V. and Formatec Technical Ceramics B.V. The complementary subsidiaries produce ceramic and metal powders, injection-mould and additively manufacture parts, and build metal and ceramic 3D printers.
Nano Dimension paid $12.9 million cash for Admatec/Formatec (net of its cash). According to the buyer, the subsidiaries have delivered “promising financial results” under strenuous conditions. In 2021, the businesses delivered $5.3 million in revenue with a gross margin of 56%.
The acquisition will position the subsidiaries for success in today’s evolving Industry 4.0 landscape, says Nano Dimension. As for Nano, the acquisition will expand its processing capabilities and materials and equipment portfolios.
Nano Dimension offers Fabrica 2.0, a microscale AM system that uses DLP (digital light processing) technology to print parts like micro-optics, semiconductors, microelectronics, and MEMS (micro-electromechanical systems), microfluidics, and life-sciences instruments.
Adaptec’s Admaflex300 is designed to 3D-print advanced ceramics, metals, and multi-material parts on one machine. The company says the machine is suited for demanding applications like mass-producing silica shells and cores for high-precision castings. The lithography-based technology has a pixel resolution of 40 µm and a projection size of 202 by 102 mm. That translates as more than 12 million pixels per single layer, which dramatically increases throughput and efficiency and accuracy when 3D-printing technical ceramics and metals, says Admatec.
