Nikon Corporation Completes SLM Acquisition Transaction
Nikon Corporation has announced the fulfilment of all closing conditions for the voluntary public takeover offer by Nikon AM. AG, a direct subsidiary of Nikon, for the shares of SLM Solutions Group AG (SLM) as well as for the parallel voluntary tender offer for the acquisition of all convertible bonds issued by SLM and due in 2026.
Toshikazu Umatate, CEO of Nikon, commented: “We are very pleased that our transaction has progressed successfully, and we are looking forward to partnering with SLM. We value SLM’s capabilities in the metal additive manufacturing space, and together we can provide holistic solutions at an accelerated pace to customers in a variety of industries around the world. We look forward to enhancing and growing our digital manufacturing business, which we are confident will lead to a revolution in global mass-production.”
Sam O’Leary, CEO of SLM, said: “With its deep expertise in developing cutting-edge opto-electronic technology and precision equipment, Nikon is the perfect partner for SLM. Together with Nikon, we will further strengthen our leading position in integrated metal additive manufacturing through consistently raising the bar in this innovation-centric environment. We have demonstrated the relevance of our technology to every major industry, and with Nikon we are confident we will expand our customer base even further.”
SLM Solutions is a global provider of integrated metal additive manufacturing solutions. Leading the industry since its inception, it continues to drive the future of metal Additive Manufacturing in every major industry with its customers’ long-term success at its core. SLM Solutions is home to the world’s fastest metal additive manufacturing machines boasting up to 12 lasers and enabling build rates of up to 1000ccm/h.
In November SLM reported strong financial results for the nine-month period ending September 2022 with an order intake at a record high of EUR 62.7m, increasing by 47% as compared to 2021. At the end of September 2022, SLM Solutions’ order backlog amounted to EUR 50.8 m, higher by 49% as compared to September 2021 (EUR 34.0 m).
For more information: www.nikon.com
