BASF New Business has acquired 100 % of the filament producer Innofil 3D, headquartered in Emmen, Netherlands. Approval from antitrust authorities is not required.
Ludwigshafen/Germany — Innofil 3D is a producer of high-value customized filaments (long, thin plastic fibers) that are used in fused filament fabrication, a special 3D printing process that manufactures items layer by layer from meltable plastic.
“With this acquisition, BASF is moving one step further along the value chain and can now provide not only plastic granulate for 3D printing but also the next processing level: the filaments,” said Volker Hammes, Managing Director at BASF New Business.
The Dutch company’s product range will add thermoplastic filaments for 3D printing to the company's portfolio. “Following the recently announced establishment of BASF 3D Printing Solutions, based in Heidelberg, Germany, this is another important step in strengthening our 3D business,” explained Hammes.
According to the company, Innofil 3D will continue its current business activities and will also become a key development and production platform for filaments.
“We are very happy to be part of BASF. One of the first immediate advantages is that this will accelerate the further development of the newest filament technologies, making us even better able to help our customers be successful now and in the future,” explained Jeroen Wiggers, Managing Director of Innofil 3D.