Proto Labs is preparing to complete its acquisition of Alphaform, a deal that will expand the company’s additive manufacturing presence in Europe.
Acquisition
Proto Labs announced that it reached an agreement in principle to acquire select assets and operations of Alphaform AG on September 24th 2015.
Alphaform is a leading service bureau headquartered in Feldkirchen, Germany. The planned acquisition will include Alphaform divisions operating in Germany, Finland, and the UK. The deal will significantly expand Proto Labs’ additive manufacturing capabilities in Europe by adding selective laser sintering, direct metal laser sintering and additional stereolithography capabilities. The acquisition also includes the injection moulding service currently offered by Alphaform Claho, in Eschenlohe, Germany. MediMet Precision Casting and Implants Technology GmbH, a 100 per cent subsidiary of Alphaform AG is not part of the transaction.
“We are pleased to announce this strategic acquisition which will accelerate the growth of our additive manufacturing services in Europe and complement our current injection melding and CNC machining services” said Vicki Holt, President and CEO at Proto Labs. “With those three complementary offerings, we’re uniquely positioned to help designers and engineers take a product from the initial stages of prototyping through low-volume production.”
