TRUMPF to Strengthen its Additive Manufacturing Business
Ditzingen, Germany –TRUMPF plans to strengthen its additive manufacturing (AM) division. It is in advanced talks with its Italian partner SISMA S.p.A to acquire the joint venture TRUMPF SISMA S.R.L. completely. Up to now, TRUMPF holds 55 percent of the shares.
In addition, TRUMPF intends to continue SISMA’s additive manufacturing business activities in the industrial, dental, and medical sectors. Simultaneously with its divestment from the joint venture, SISMA plans to focus on the jewelry and fashion industry and plans to work with TRUMPF in 3D printing.
TRUMPF SISMA, based in Schio in northern Italy, was founded as a joint venture in 2014 and houses around 60 staff members in the development and production of metal 3D printing machines with Laser Metal Fusion technology.
The transaction is expected to be completed in the first quarter of 2021.
Image Source: TRUMPF
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