Jun 15, 2018 | By Thomas
AddUp, Fives and Michelin's joint-venture 3D printing manufacturing company, has announced the 100% acquisition of Strasbourg based BeAM, a leading European specialist in providing DED (Directed Energy Deposition) 3D printing solutions for aerospace, defense, nuclear, and oil and gas sectors.
Founded in Strasbourg, France in 2012, BeAM has since established a subsidiary in Cincinnati, Ohio, USA, and a new Solutions Center in Singapore. It has released to market three large-format machines, the compact Modulo 250, portable Modulo 400 and Magic 800. BeAM is said to serve a broad range of customers both in France and abroad.
Michelin, the French tire manufacturer with the famous mascot and restaurant rankings, is collaborating with industrial engineering group Fives to develop 3D printing solutions that are viable market offerings in their own right, but which can also be used to improve tire performance for Michelin. In April 2016 they named the joint effort "AddUp Solutions." AddUp demonstrated its FormUp 350 DMLS 3D printer in November 2016 and the company is quickly becoming a big player in the AM industry.
The 100% acquisition of BeAM is expected to enable AddUp to expand its portfolio of metal Additive Manufacturing technologies to better meet the needs of its customers and strengthen its worldwide geographic coverage. With BeAM on board, AddUp now offers systems powered by the DED process, in addition to the Laser Beam Melting (LBM) machines it already provides.
The two companies stated that they share the same ambition to support customers in the development of metal Additive Manufacturing solutions which take into account industrial robustness, HSE (Health, Safety & Environment) and certification.
“Together, BeAM and AddUp will be uniquely positioned in the Additive Manufacturing market by offering their customers a comprehensive range of metal AM solutions with, in particular, training and consulting, 3D printing systems and the making of parts for Proof Of Concept.” commented Vincent Ferreiro, AddUp’s CEO.
“BeAM was at a key stage in its development with the broadening of its product line and its geographic expansion,” added Vincent Gillet, BeAM’s CEO. “The arrival of AddUp and its shareholders, Fives and Michelin, enables us to secure BeAM’s development and to benefit from their industrial expertise and the pooling of our respective resources.”
Posted in 3D Printer Company
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