Royal DSM is expanding its presence in the industrial additive manufacturing market through the acquisition of certain assets from specialty chemical firm Clariant’s 3D printing business, the Dutch company announced in a release Wednesday.
The transaction provides Royal DSM with rapid product development capabilities, including a high-speed compounding setup, that complement its existing activities in powders, filaments and pellets.
“After a thorough strategic review, Clariant concluded that its 3D printing business was no longer aligned with its strategic focus,” said Richard Haldimann, head of sustainability transformation at Clariant, in a statement. “While we continue to serve the 3D printing market, with our high-quality additives and flame retardants, we are confident that DSM is the ideal new home for parts of Clariant’s tailored 3D printing materials business to continue its successful development.”
Under the terms of the deal, Royal DSM will take on part of Clariant’s 3D printing team and acquire its knowledge in powder development, portfolio and pipeline of engineering-grade filament and pellet materials and customer relations, and a production line.
“We are very excited about welcoming the new team members and the expertise they bring to expand our service offering. We share the same focus on customer needs and have complementary expertise and portfolio,” Hugo da Silva, vice president of additive manufacturing at DSM, said in the release. “Together we can fulfil market needs faster and with a broader materials toolbox, and realize further the potential of additive manufacturing to the manufacturing world.”