# Dussur acquires stake in Italmatch Chemicals and inaugurates NAMI joint venture

Dussur announced the acquisition of a substantial stake in Italmatch Chemicals, with a capital increase of EUR 100 million to establish factories in Saudi Arabia. Separately, Dussur and 3D Systems inaugurated the National Additive Manufacturing and Innovation Company (NAMI), a joint venture first announced in March 2022.

- Type: Acquisition
- Announced: 2023-05-28
- Where: Riyadh, Saudi Arabia, Saudi Arabia
- Status: completed
- Products: performance-enhancing additives, water treatment solutions, 3D printing services
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [3D Systems](https://endata.com/companies/17854.md) (partner)
- [Saudi Arabian Industrial Investments Company](https://endata.com/companies/20041.md) (acquirer)
- [Italmatch Chemicals](https://endata.com/companies/27695.md) (target)

## Sources

- [dussur.com](https://dussur.com/dussur-announces-the-acquisition-of-a-stake-in-italmatch-and-announces-the-inauguration-of-the-national-company-for-additive-manufacturing-and-innovation-nami/), 2023-05-29: "Dussur proudly announced its acquisition of a substantial share in the Italian firm, Italmatch Chemicals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.