The aerostructures supplier Premium Aerotec, based in Augsburg, Germany, has reinforced its position in the Additive Manufacturing sector through the takeover of APWorks, the AM specialist based in Munich, Germany. It was stated that both partners complement the other’s capabilities and aim to profit from the fast-paced growth in the Additive Manufacturing market together. Premium Aerotec and Airbus, the previous owner of APWorks, did not reveal the purchase price.
Premium Aerotec is a pioneer in implementing metal Additive Manufacturing for aviation. The company was the first aviation supplier to introduce AM titanium components into the structure of aircraft. It has full capability throughout the entire Additive Manufacturing process chain, from product conception to development and the actual manufacturing process through to the downstream process steps.
APWorks was founded as an Airbus Group spin-off in 2013 and has since positioned itself as a technology driver for manufacturing methods for the future, with a clear focus on metal Additive Manufacturing.
“Our investment has created a powerful alliance between Premium Aerotec and APWorks which opens up all of the opportunities in Additive Manufacturing for both actual and future clients,” stated Dr Thomas Ehm, Chairman of the Executive Board at Premium Aerotec.
“We want to actively support APWorks on its dynamic growth journey. With our experience as a pioneer in metal 3D printing and our knowledge of the tried and trusted quality standards in aerospace, we are the industrial reference point for APWorks’ innovative ideas.”
Joachim Zettler, Managing Director of APWorks, stated, “With Premium Aerotec coming on board, we can take a huge step closer to our vision of industrial mass production using Additive Manufacturing technology. The aim is to combine APWorks’ highly dynamic approach in solving the issues posed by our clients’ additive manufacturing questions with Premium Aerotec’s decades of production experience to elicit maximum benefit for our clients from each and every industry, throughout the entire Additive Manufacturing value-added chain.”