Prima Additive becomes a standalone company, after completing merger with 3D New Technologies

Prima Industrie opens a new chapter for its additive manufacturing activities

Prima Industrie Groupa company that specializes in the development, fabrication and commercialization of laser systems for industrial applications, sheet metal processing machinery, laser sources, is a relatively newcomer in the additive manufacturing.

About three years ago, the company announced it developed and commercialized Direct Energy Deposition systems and was working on developing its next generation of products while keeping in mind the price-quality ratio. 

Today, the company is ready to let this Business Unit dedicated to additive manufacturing operate as a standalone company. The spin-off operation comes at a time when Prima Industrie just completed the merger with 3D New Technologies. The latter was already collaborating with the group for the development of machines based on Powder Bed Fusion technology

With the capital increase, the change of the company name of 3D New Technologies Srl to Prima Additive Srl was approved. Prima Additive Srl will maintain close collaborative relationships with Prima Industrie S.p.A., which will be the reference and majority shareholder of the new company, with a stake of 50.01%.

From a managerial point of view, Paolo Calefati that you may have known as Vice President additive manufacturing business development at Prima Industrie S.p.A. in this Opinion of the Week, has been named CEO of the new company.

Following the completion of the transaction, Paolo Calefati declared: “The merger between the spin-off Prima Additive and 3D New Technologies represents growth and an investment in this sector by Prima Industrie, which continues to be our majority shareholder. The operation combines the global dimension and the long tradition of innovation in the engineering and production of laser machines of the Prima Industrie Group with the agility and dynamism of the 3D startup New Technologies for Powder Bed Fusion machines in the additive manufacturing sector. Furthermore, this operation is a first step in attracting both financial and industrial investors who are already leaders in this market. This is an important project to guide and concentrate the skills acquired and the technologies developed in recent years towards significant market and business growth”.

The transaction is also linked to a larger project that will open in the coming months when new investors join this company to further accelerate business development plans.

 

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