Mar.13, 2014

German 3D printer maker SLM Solutions has hired Deutsche Bank and Credit Suisse to prepare a potential stock market listing, Reuters reports.

Luebeck, Germany-based SLM Solutions started to bring metal additive manufacturing technology into the global markets in 2002. It specializes laser-based metal additive manufacturing ("Selective Laser Melting") and is one of the pioneers in the development of this technology. In this manufacturing process, microscopically thin deposits of metal powder (e.g. titanium, steel, aluminium or gold) are successively welded together by high-precision lasers to create solid metal parts. Currently, This patented process is mainly used for prototyping as well as single and zero series production of highly complex metal components that cannot be manufactured by traditional methods.

Last year, German mid-market buyout group DPE Deutsche Private Equity acquired a 57 percent stake of SLM Solutions and injected cash fresh capital to be used for further expansion.

Currently SLM Solutions has more than 80 staff in Germany and the United States and generates more than 20 million euros ($27.8 million) in annual sales.

Posted in 3D Printing Company

 

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