Japanese optics and imaging multinational Nikon has completed its takeover of German metal 3D printer manufacturer SLM Solutions.
Initially agreed last year, the deal has seen Nikon acquire a 100% stake in SLM Solutions at a price of €20.00 per share, and an overall total of €622 million. According to Nikon’s CEO, Toshikazu Umatate, the move will help the two companies provide “holistic solutions at an accelerated pace to customers in a variety of industries around the world.”
“We are very pleased that our transaction has progressed successfully, and we are looking forward to partnering with SLM,” said Toshikazu Umatate, CEO of Nikon. “We value SLM’s capabilities in the metal additive manufacturing space and we look forward to enhancing and growing our digital manufacturing business, which we are confident will lead to a revolution in global mass production.”
