Aug 8, 2022ACQUISITIONUnited States Stratasys to acquire Covestro's additive manufacturing materials business
Stratasys signed a definitive agreement to acquire Covestro's additive manufacturing materials business for approximately EUR 43 million plus a potential earnout of up to EUR 37 million. The deal includes R&D facilities, a portfolio of about 60 materials, and an extensive IP portfolio.
Productsadditive manufacturing materialsphotopolymersSomos resins
“Innovative materials are the fuel of additive manufacturing and translate directly into the ability to create new use cases for 3D printing.”investors.stratasys.com
- 4 sources
- investors.stratasys.comStratasys Signs Agreement to Acquire Covestro’s Additive Manufacturing Materials Business :: Stratasys Ltd. (SSYS)Aug 8, 2022
- ptonline.comStratasys to Acquire Covestro’s Additive Manufacturing Materials Business | Plastics TechnologyLilli Manolis ShermanAug 10, 2022
- adhesivesmag.comMergers/Acquisitions - Articles - Page 18 | Adhesives & Sealants IndustryAug 12, 2022
- adhesivesmag.comAcquisitions - Articles - Page 9 | Adhesives & Sealants IndustrySep 13, 2022
Summarized from public sources; check the original articles before acting on it.
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