Nano Dimension buys 12% Stratasys stake
Israeli 3D printing business Nano Dimension (Nasdaq: NNDM) has claimed a 12.1% holding in Rehovot-primarily based 3D printing business Stratasys (Nasdaq: SSYS). The stake is at present really worth $152 million on the sector.

The acquire of the shares, with some of the practically $1.5 billion, which it lifted, in a sequence of public offerings on Wall Avenue in late 2020 and early 2021, helps make Nano Dimension the biggest shareholder in Stratasys – an even even larger holding than Cathie Wood’s Ark Fund, which retains shares in each firms.




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Sources close to Nano Dimension insist that the firm is not launching a hostile takeover. Stratasys focuses on 3D printing of polymers for producing market even though Nano Dimension specializes in 3D printing of digital components.

Nano Dimension has a sector cap of $860 million, down 80% from its peak past calendar year, whilst Stratasys has a industry cap of $1.26 billion, after its share rate has fallen only 5% over the past calendar year.

Nano Dimension claimed, “With $521 million and $607 million of income in 2020 and 2021, respectively, Stratasys is a leader in the world wide change to AM as a result of smart and linked 3D printers, polymer materials, a software program ecosystem and components on demand from customers. Stratasys serves prospects globally by reworking merchandise structure, bringing agility to producing and supply chains, and improving client care.”

Nano Dimension chairman and CEO Yoav Stern stated, “The goal of Nano Dimension in obtaining Stratasys shares is the formation of a strategic expenditure in a market-leader which is perfectly proven in a rather seasoned marketplace phase, even though Nano Dimension’s disruptive technologies in AME and 3D metal printing source its shareholders with value developed by accelerated progress and expansion curves. Therefore, an investor in Nano Dimension will acquire from its value development in “blue ocean” style AM sectors moreover obtaining strategic upside from expenditure in Stratasys, which enjoys a commanding existence in significant, steady far more mature, mostly polymer-based mostly AM systems. In contrast, Nano Dimension’s product enhancement thrusts and company product technique are centered around metals with electro-mechanical conductive parameters, metals with superior mechanical qualities, dielectric content, and printing of multi-dimensional-electronic gadgets and mechanical elements.”

Published by Globes, Israel business enterprise news – en.globes.co.il – on July 18 2022.

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