Expansion of dental and medical business in 3D printing.
High-tech company TRUMPF plans to strengthen its additive manufacturing (AM) division: The Ditzingen-based company is in advanced talks with its Italian partner SISMA S.p.A., a leading manufacturer of high-tech machines, to completely take over the joint venture TRUMPF SISMA S.R.L..
To date, TRUMPF holds 55 percent of the shares. TRUMPF also intends to continue SISMA's additive manufacturing activities in industry, dentistry and medicine.
Simultaneously with the sale of the joint venture, SISMA plans to focus on the jewelry and fashion industry in the future by entering into a cooperation with TRUMPF in 3D printing.
TRUMPF SISMA was founded as a joint venture in 2014 and is based in Schio in northern Italy. Around 60 employees work there 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. The two companies did not provide further details.
www.trumpf.com
