BigRep is officially a publicly traded company. Listed under the ticker B1GR, the expert in large-format 3D printing founded in 2014 got to this point of its journey thanks to a strategic business combination with SMG Technology Acceleration SE, facilitated by its IPO sponsor, SMG Holding.
Known for its focus on European SMEs, SMG Holding played a key role in listing BigRep on the public market. SMG Technology Acceleration SE has been renamed BigRep SE, with Dr. Sven Thate and Dr. Reinhard Festag stepping in as CEO and CFO, respectively.
The bell-ringing ceremony, a time-honored tradition in the financial world, took place in the main trading hall of the Frankfurt Stock Exchange.
“Going public allows us to think bigger and pursue our buy-and-build strategy. We see great growth and synergy opportunities by expanding inorganically. The current market conditions will only increase consolidation pressure, giving us a chance to use our public listing to benefit our shareholders,” Dr.‐Ing. Sven Thate, CEO of BigRep said in his speech.
As a nod to their accomplishments, NERA, a 3D-printed E-Motorcycle developed with the company’s technology was on display along with other 3D prints designed to commemorate the occasion. The event also featured VIIO 250 – the recently launched and most automated 3D printer of the company.
As a reminder, today BigRep provides a whole spectrum of low to high-temperature machines engineered in Germany and Austria – a portfolio that includes qualified 3D printing materials, software, an e-learning platform, as well as application engineering.
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