- Slice of Manufacturing
- Posts
- Nano Dimension to Acquire Markforged in $115M All-Cash Deal
Nano Dimension to Acquire Markforged in $115M All-Cash Deal
Slice of Manufacturing Team
September 30, 2024
Key Highlights:
Nano Dimension acquires Markforged for $115 million in an all-cash transaction.
Combined company revenue expected to reach $340 million based on 2023 figures.
Strengthens leadership in additive manufacturing (AM) with expanded product offerings.
Acquisition builds on Nano Dimension’s recent Desktop Metal deal.
Expected transaction close in Q1 2025, pending regulatory approval.
Source: Globe Newswire
Notable Quotes:
“In combining with Markforged, Nano Dimension is taking bold action in its journey towards becoming a digital manufacturing leader and being a foundational pillar of Industry 4.0.”
“We’re excited to bring together our pioneering, complementary product portfolios that will further enhance our ability to serve our customers in high-growth industries.”
Our Take:
This acquisition positions Nano Dimension as a dominant player in the additive manufacturing industry, especially with its expanded focus on high-performance applications through Markforged's composite materials expertise. The deal follows Nano Dimension's recent acquisition of Desktop Metal, solidifying its leadership in metal additive manufacturing and creating a comprehensive product portfolio for industrial applications. The increased scale and enhanced product offering should drive profitability and sustained growth, making this a strategic move toward long-term success in Industry 4.0.