Nano Dimension, the company that offers to acquire Stratasys Ltd. for $18.00 per share in cash, has inaugurated its new European headquarters in Munich, Germany to further its commercial and research and development (“R&D”) efforts.
Munich was chosen given its prominence as a technology and manufacturing hub for Germany and the European region. Nano Dimension will be able to provide unmatched service and responsiveness to the many current and potential customers in proximity to the headquarters. The Company also expects to make great strides in Advanced Material R&D, thanks to the leading research institutions, materials companies, and strong industrial and technology workforce that exist specifically in Munich and the State of Bavaria.
To match the significance of the event, the State of Bavaria’s Minister of Economic Affairs, Herr Hubert Aiwanger, was the Company’s guest of Honor. Minister Aiwanger commented, “The combination of 3D printing and electronics manufacturing fits perfectly with Bavaria’s high-tech agenda. In particular, in the area of microelectronics, Bavaria aims to strengthen its position. This technology even allows for the production and competence in the field of microelectronics to be partly brought back to Bavaria.”
Ziki Peled, President of Nano Dimension EMEA, added, “Germany has long been a strategic focus for Nano Dimension. The concentration of our commercial and R&D relationships is hard to beat. We are happy to cement our work in the country and region by establishing our new headquarters in Munich in the State of Bavaria. This city and region are at the forefront of two aspects that define Nano Dimension – technology and manufacturing. We look forward to being even closer to the people we work with already and hope to work more with in the future.”
This newest development complements the Company’s strong presence in the United States, the United Kingdom, Switzerland, Netherlands, Australia and Israel.
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