Proto Labs closed this week on the purchase of select assets and operations of German-based manufacturer Alphaform AG, which significantly extends its additive manufacturing (3D printing) capabilities across Europe.
Alphaform is a leading service bureau headquartered in Feldkirchen (Munich), Germany. The purchase includes Alphaform divisions operating in Germany, Finland and the United Kingdom. This acquisition will significantly expand Proto Labs’ recently launched additive manufacturing capabilities in Europe by adding selective laser sintering, direct metal laser sintering and additional stereolithography capabilities. The acquisition also includes the injection molding service currently offered by Alphaform Claho, in Eschenlohe, Germany. MediMet Precision Casting and Implants Technology GmbH, a 100 percent subsidiary of Alphaform AG, is not part of the transaction.
Proto Labs entered the additive manufacturing market last year with the purchase of Fineline in Raleigh, N.C. Proto Labs is spending $25 million to expand that plant, which is set to open in 2016.
You can read the full press release here.