SLM Solutions

Nikon closed its acquisition of SLM Solutions, a German manufacturer of metal additive manufacturing hardware, for €622 million (~$675 million). The deal was first announced in September 2022.

Nikon Corporation intends to launch a voluntary public takeover offer for all outstanding shares of SLM Solutions Group AG at EUR 20 per share, valuing the deal at EUR 622 million. SLM Solutions is a metal additive manufacturing company.

Concurrent Technologies Corporation was awarded a $5.2 million contract by the U.S. Air Force Research Laboratory to build the world's largest additive manufacturing machine, with a 1.5-meter build envelope in the Z-axis, in partnership with SLM Solutions.

Nikon Corporation announced a voluntary public takeover offer for all outstanding shares of SLM Solutions Group AG at EUR 20.00 per share, valuing the transaction at EUR 622 million. Nikon has secured 61.1% of SLM's share capital.

SLM Solutions Group AG received an order worth up to €43 million ($52M USD) for 50 SLM 280 series metal additive manufacturing machines. The contract will be fulfilled over 2017–2020.

SLM Solutions has signed a contract worth EUR 43 million to supply 50 SLM 280 series machines to a Chinese machinery company. The deal is spread over three years.

SLM Solutions signed a long-term cooperation agreement with BeamIT, including a letter of intent for the purchase of 15 multi-laser machines by December 31, 2019. The agreement also covers joint development of parameters for metal powders.

SLM Solutions Group AG is constructing a new headquarters in Lübeck-Genin, Germany, with single-shift capacity to build 500 additive manufacturing machines per year. Completion is expected by early 2018.

SLM Solutions signed its largest single order, a $13 million contract for 10 SLM 500 multi-laser metal additive manufacturing machines, to be delivered to a customer in China within 15 months.