Nexa3D completes Essentium acquisition
Med-Tech Innovation January 16, 2024
Nexa3D has acquired Essentium, a manufacturer of high-speed extrusion (HSE) 3D printers and materials, after it signed a letter of intent to acquire the company in November 2023.
Nexa3D says the acquisition broadens its additive manufacturing capabilities, adds super polymer expertise, and democratises access to industrial, health and government customers.
Essentium, known for its high-speed extrusion 3D printers, and independent dual extruders (IDEX), has established itself in the industry by providing solutions for complex polymer production applications according to Nexa.
Avi Reichental, co-founder, chairman, and CEO of Nexa3D, said: “We are honoured and thrilled to welcome the talented Essentium team to Nexa3D. This acquisition is more than a strategic move; it’s a testament to our shared vision to drive innovation...