Quickparts, Seattle, Washington, USA, and portfolio company Trilantic North America, have announced the acquisition of digital manufacturer Xcentric Mold & Engineering, Clinton Township, Michigan, USA.
Founded in 1996, Xcentric provides a range of quick-turn digital injection moulding and CNC solutions, from rapid prototyping to scaled production. With nearly 100 employees and 5,574 m2 of manufacturing space, Xcentric will expand its new parent company’s capabilities to deliver injection moulding, CNC machining and other critical services. This acquisition is said to complement the company’s current manufacturing offerings and is expected to support the company’s growth and efficiency via US-based production.
“We are very pleased to welcome the Xcentric team to the family,” stated Ziad Abou, Chief Executive Officer. “As a combined company, we will offer an in-house, end-to-end solution from first prototype to short-run production. This acquisition is an important step as we continuously strive to advance Quickparts’ capabilities. With Xcentric, we will be able to offer a complete lifecycle solution that will be executed with even greater speed and certainty.”
“We are thrilled to combine Xcentric’s leading digital manufacturing capabilities and injection moulding expertise with Quickparts’ offerings to continue to bring speed and scale to the market,” added Matt McIntosh, CEO, Xcentric. “Trusted by industry leaders, Xcentric prides itself on a terrific culture of excellence and customer service, and we believe the Quickparts team is the right partner to support the continued growth of Xcentric’s capabilities.”