3D Systems to Acquire Robtec

3D Systems (NYSE:DDD) announced that it entered into a definitive agreement to acquire Robtec. Headquartered in Sao Paulo, Brazil, Robtec is one of the largest Latin-American additive manufacturing service bureaus and a leading 3D printing and scanning products distributor in the region. Under the terms of the definitive agreement, 3DS will acquire 70% of the shares of Robtec at closing and the remainder of the shares on the 5th anniversary of the closing. The terms of the transaction have not been disclosed.

Robtec brings to 3DS two decades of additive manufacturing service bureau experience with substantial production capabilities that are rooted in regional infrastructure and capacity and supported by long-term, key relationships with leading Latin American industrial companies.

“We believe that the strong strategic and cultural fit between our companies, combined with Robtec’s on-the-ground additive manufacturing service bureau capabilities, expanded channel coverage and deep automotive and aerospace customer relationships could present significant benefits for our customers, sizeable growth opportunities for us and greater value for our shareholders,” commented Avi Reichental, President and CEO, 3DS.

“This is the right time for us to add a company of Robtec’s reputation, experience, growth record and scale in Latin America,” continued Reichental. “With key operations in Brazil, Argentina, Chile, Uruguay and Mexico, proven service bureau operations and leading printing and scanning distribution activities, Robtec represents the cornerstone of our Latin American expansion plans.”

“We are excited to become part of 3D Systems, a leading provider of the most complete portfolio of 3D content-to-print solutions available today,” said Pablo Elenter, President, Robtec. “We plan to leverage our collective knowledge and experience for the benefit of our customers by building stronger local presence and immediately delivering the full range of 3DS products and services throughout the region.”

Immediately after closing, the company plans to transform Robtec operations into 3D Systems Latin America and expand its offerings to include 3DS’ entire range of 3D design and manufacturing solutions throughout the region.

Founded in 1994, Robtec is one of the largest Latin-American additive manufacturing service bureaus and a leading in-region 3D printing and scanning products distributor. Headquartered in Sao Paulo, Brazil, Robtec is recognized as a trusted and knowledgeable Latin American additive manufacturing and 3D printing resource to the manufacturing sector that brings two decades of experience providing best-in-class rapid prototyping and custom manufacturing services. Robtec is the leading distributor of 3D Systems personal, professional and production 3D printers and of GOM’s scanning solutions and comes with established long-term relationships with leading aerospace and automotive companies.

For more information, visit: www.robtec.com

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