BASF, the largest chemical producer in the world, has acquired Paris-headquartered 3D printing service bureau Sculpteo.
A formal agreement regarding the acquisition was signed on November 14 2019, between BASF New Business GmbH (BNB), a division of the German chemical company focused on innovative technologies, and Sculpteo. The agreement is expected to become effective in the coming weeks following regulatory approval by the relevant authorities. Terms of the transaction, including the value of the deal, have not yet to be disclosed.
Sculpteo’s management team will remain in place as the acquisition is carried out. The acquisition will be utilized to help BASF 3D Printing Solutions GmbH (B3DPS), a subsidiary of BNB dedicated to additive manufacturing, market and produce new 3D printing materials at a faster pace. “Through the acquisition of Sculpteo, we can provide customers and partners with even faster access to our innovative 3D printing solutions,” […]
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