Industry News


SHARE:  

AM-Machine Maker Additive Industries Secures Funding, CEO Departing

Friday, May 22, 2020
 

Additive Industries B.V., a manufacturer of additive manufacturing (AM) equipment, has announced a 14-million euro ($15.34-million) investment that the company plans to use for expansion of its product portfolio, acceleration of its technological roadmap and strengthening of working capital.

The capital infusion is from Additive Industries shareholder Highlands Beheer, the parent company of the Wintermans family. Additionally, Highlands Beheer acquired the shares owned by co-founder and CEO Daan Kersten, who officially will leave the company as of June 30, 2020. During a successor search, Mark Vaes, Additive Industries’ chief technology officer, will assume the position of CEO. 

“This substantial investment,” says Kersten, “confirms the long-term commitment of Highlands to the growth ambitions of the company and it allows Additive Industries to make yet another significant step on its mission to revolutionize the productivity for the AM of high-quality metal parts. After eight intense years of fast growth, I feel that the time is right to make way and hand over the reins to new leadership.“ 

Says Vaes: “I am convinced that with the continued support of our clients, our partners, our team and our shareholder, we can now push our innovation roadmap even more.” 

 

See also: Additive Industries B.V.


Reader Comments

There are no comments posted at this time.

 

Post a Comment

* Indicates field is required.

YOUR COMMENTS * (You may use html to format)

 
YOUR NAME *
EMAIL *
WEBSITE