Germany: Business Acquisition BASF Purchases 3D Printing Service Provider Sculpteo
BASF New Business has formally agreed to acquire the online 3D printing service provider Sculpteo. The agreement was signed on November 14, 2019 and is expected to become effective in the next few weeks pending regulatory approval by the relevant authorities.
Ludwigshafen/Germany — The acquisition of the French 3D printing specialist Sculpteo based in Paris and San Francisco is to enable BASF 3D Printing Solutions, a wholly-owned subsidiary of BASF New Business, to market and establish new industrial 3D printing materials more quickly. Sculpteo’s management team supports the acquisition and will remain in place to provide customers and partners with this expanded service spectrum.
For around a decade already, Sculpteo has operated an online platform with integrated production for the manufacturing of prototypes, individual objects, and serial production components with a range of different additive manufacturing technologies. Customers in various industrial sectors around the world use the Sculpteo service to produce new components rapidly and reliably.
France: Additive Manufacturing
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BASF announced that it plans to develop the existing Sculpteo 3D printing platform further into a global network, providing an additional channel for their customers to market their services and expanding their own customer bases.