Wednesday, February 5, 2014

There's a Reason It's Called GLOBAL Macro: 3D Printing--Belgium's Materialise Buys Poland's Leading Rapid Prototyping Co.

The acquiree, e-Prototypy, is into laser sintering, as are Sweden's Arcam and Germany's EOS.

Arcam, down 10% today, is up 1500% since we first noted it in September 2012. $10.28 to a split adjusted $150. Europe is more serious about the metalworking end of the 3D biz rather than the "Makerfaire" stuff.

See also the post immediately below for interconnections in global macro:
European Banks Have Loaned Almost $3 Trillion to Emerging Markets

From 3Ders.org:

Materialise acquires leading Polish prototyping center, e-Prototypy 
Belgian 3D printing company Materialise announces today the acquisition of e-Prototypy, Poland's leading provider of rapid prototypes and 3D Printing.

e-Prototypy offers a broad range of 3D printing solutions, with a specialization in the production of laser sintered components, and has invested in scanning and reverse engineering services in recent years. e-Prototypy has been active in the Polish market since 2008 and has grown to become the market leader in this region.
Materialise has been a market leader in the Czech market, through its subsidiary in Usti Nad Labem CR, since 2004. "With the acquisition of e-Prototypy, Materialise shows its commitment to further invest in the east-European market", says Bart Van Der Schueren, Vice President Industrial Production, Materialise. "Thanks to the acquisition, Polish customers will be gaining access to the vast production capacity of Materialise. Furthermore, current Materialise customers will benefit from access to the scanning and reverse engineering services of e-Prototypy."

"We see a lot of opportunities for growth in the Polish market and by joining Materialise. As part of Materialise, our customers will be given access to even better service with a larger range of 3D Printing technologies and they can benefit from Materialise's 23 years of experience in this industry", says Grzegorz Sworobowicz, vice-CEO and co-founder of e-Prototypy.
Both Materialise and EOS are private although the former is said to be considering an IPO.