Sandvik Acquires Stake in Beam IT
July 15, 2019Sandvik Machining Solutions, a Sweden-based provider of tools and tooling systems for metal cutting, has acquired a 30-percent stake in privately owned Beam IT, an Italian provider of metal additive manufacturing (AM) services and end-use components for automotive, energy and aerospace.
"The investment in Beam IT will complement our existing offer in AM,” says Lars Bergström, president of Sandvik Machining Solutions. “It also is in line with Sandvik's strategic ambition to become a leading solution provider for the wider component manufacturing industry."
Industry-Related Terms: Additive manufacturing, Metal additive manufacturing
View Glossary of 3D Metal Printing Terms
View Glossary of 3D Metal Printing Terms
See also: Sandvik Coromant Company, Beamit
Technologies: Metal Powders
3DEO Launches 316L Stainless Steel
Thursday, January 26, 2023
Metal Powders
Friday, September 30, 2022
Researchers Uncover How to 3D-Print One of the Strongest Sta...
Friday, September 30, 2022
Uniformity Labs’ Stainless-Steel Powder Qualified for Deskto...
Thursday, September 15, 2022
EOS Expands Powder Portfolio With Stainless and Tool Steels,...
Thursday, July 14, 2022
Comments
Must be logged in to post a comment. Sign in or Create an Account
There are no comments posted.