Trumpf to sell Additive Manufacturing business to Lenbach Equity Opportunities
It has been announced that Trumpf, headquartered in Ditzingen, Germany, has agreed to sell its Laser Beam Powder Bed Fusion (PBF-LB) metal Additive Manufacturing business to the Lenbach Equity Opportunities (LEO) III Fund, advised by the DUBAG Group. The divestiture is part of Trumpf’s strategic focus on its industrial core business.
It was stated that the ‘Trumpf’ and ‘TruPrint’ brands will continue to be used during a transitional phase. A new company name and an independent brand identity will be introduced gradually following the completion of the transaction.
The new group will operate from Schio, Italy, the current development and production site of Trumpf’s AM business. As part of the deal, all employees at the Schio site, as well as those in Ditzingen (Germany) and Plymouth (USA) who are assigned to the company’s AM business, will be transferred.
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“We are very proud to have earned the trust of a family-owned high-tech company like Trumpf and to have been selected as a partner in a competitive M&A process,” stated Sebastian Stalter, Director at the DUBAG Group. “We look forward to working together with the management and employees in Schio, Ditzingen, and Plymouth. Together, we aim to establish a leading, innovative solution provider in the field of metallic 3D printing.”
As part of the carve-out, internal structures and processes will be simplified to better address customer needs globally.
Matthias Himmelsbach, Managing Director Additive Manufacturing at Trumpf, added, “We welcome the LEO III Fund, advised by the DUBAG Group, as the new owner of our Additive Manufacturing business. With the DUBAG Group, we have found a partner with whom we can further develop our product and consulting portfolio in a focused way, leverage growth opportunities, and successfully lead the business into a sustainable future.”
Completion of the transaction is subject to approval by the relevant authorities and the fulfilment of all contractually agreed conditions.
