TRUMPF bolsters its metal additive business
- March 6, 2021
Currently, TRUMPF owns 55 per cent of the joint venture, with SISMA owning the remaining 45 per cent.
After this divestment, SISMA plans to focus on the jewelry and fashion industry while TRUMPF intends to continue SISMA’s additive manufacturing business activities in the industrial, dental and medical sectors.
TRUMPF SISMA was founded as a joint venture in 2014 and is based in Schio in northern Italy. Around 60 employees work in the development and production of metal 3D printing machines with Laser Metal Fusion technology.
The transaction is expected to be completed by the end of the first quarter of 2021.