toolcraft acquires 50% stake in PT. YPTI to establish presence in Asian market

August 24, 2023

EventsNews
August 24, 2023
toolcraft has acquired a 50% stake in PT. YPTI (Courtesy toolcraft AG)
toolcraft has acquired a 50% stake in PT. YPTI (Courtesy toolcraft AG)

Following a partnership between toolcraft AG, located in Georgensgmünd, Germany, and PT. YPTI, based in Yogyakarta, Indonesia, confirmed with a Memorandum of Understanding in 2021, toolcraft reports it has now acquired a 50% stake in company, giving it a base in the Asian market.

toolcraft has maintained long-standing links with Indonesia and has a successful working relationship with PT. YPTI, making the acquisition of a stake in the company the next logical step. PT. YPTI hopes to benefit from toolcraft’s many years of experience, whilst bringing Additive Manufacturing services to its customers.

“This partnership marks a new chapter in our company’s history. Through it, we will extend our areas of competency, become more competitive, expand our foothold in the market and be in a position to offer our customers the best possible solutions,” stated Petrus Tedja Hapsoro, Managing Director of PT. YPTI.

TRUSTED CONTENT. TARGETED AUDIENCE
Advertise with Metal AM and access a global base of 50,000+ AM professionals
Contact us

toolcraft will also benefit from the partnership by using PT. YPTI as a base in the Asian market through which it can extend its production activities into the region.

“This will allow us to avoid long and costly transport routes, saving both time and resources as well as helping us to operate more sustainably,” added Christoph Hauck, Chief Technology and Sales Officer at toolcraft. “Our aim is to build a vibrant partnership from which both sides will benefit,”

Hauck will join PT. YPTI’s technical management team while continuing in his current role at toolcraft. In addition, Bernd Krebs, founder and chairman of the supervisory board of toolcraft, and Marc Volkhardt, Chief Financial Officer at toolcraft, have joined PT. YPTI’s supervisory board.

www.toolcraft.de

www.ypti.co.id

EventsNews
August 24, 2023

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Back to the future: A decade of Additive Manufacturing innovation and growth at Materials Solutions
  • Win or lose: A CEO’s reflections on Artificial Intelligence and Additive Manufacturing
  • AMS 2025 New York: A reality check for the Additive Manufacturing industry
  • Optimising powder removal in PBF-LB Additive Manufacturing: A Digital Twin approach
  • ValCUN’s MMD: A robust, wire-based aluminium AM technology for defence and industrial applications
  • Enhancing quality and reliability in metal Additive Manufacturing: The role of laser calibration

TRUSTED CONTENT. TARGETED AUDIENCE

Advertise with Metal AM and access a global base of 50,000+ AM professionals.

Contact Jon Craxford: [email protected]

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data

Don’t miss a thing – register for our newsletter

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Register now

Join 40,000+ other AM professionals – follow us online

About Metal Additive Manufacturing magazine

Metal AM magazine, published quarterly in digital and print formats, is read by a rapidly expanding international audience.

Our audience includes component manufacturers, end-users, materials and equipment suppliers, analysts, researchers and more.

In addition to providing extensive industry news coverage, Metal AM magazine is known for exclusive, in-depth articles and technical reports.

Our focus is the entire metal AM process from design to application.

Each issue is available as an easy-to-navigate digital edition and a high-quality print publication.

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Share via
Copy link
Powered by Social Snap