Nikon completes its takeover of SLM Solutions
January 23, 2023
Following the public takeover announced last year, Nikon Corporation, headquartered in Tokyo, Japan, has now completed its acquisition of SLM Solutions, based in Lübeck, Germany. At the time of the previous announcement, the total transaction had been valued at some €622 million.
Toshikazu Umatate, CEO of Nikon, stated, “We are very pleased that our transaction has progressed successfully, and we are looking forward to partnering with SLM. We value SLM’s capabilities in the metal Additive Manufacturing space, and together we can provide holistic solutions at an accelerated pace to customers in a variety of industries around the world. We look forward to enhancing and growing our digital manufacturing business, which we are confident will lead to a revolution in global mass production.”
Sam O’Leary, CEO of SLM, added “With its deep expertise in developing cutting-edge opto-electronic technology and precision equipment, Nikon is the perfect partner for SLM. Together with Nikon, we will further strengthen our leading position in integrated metal additive manufacturing through consistently raising the bar in this innovation-centric environment. We have demonstrated the relevance of our technology to every major industry, and with Nikon we are confident we will expand our customer base even further.”
The acquisition of SLM will expand Nikon’s portfolio of metal AM technology. In its Vision 2030 statement, Nikon set out the aim to become a key technology solutions company, stating that growth in digital manufacturing can best be achieved by the adoption of metal Additive Manufacturing.