Stratasys Acquires Origin to Expand Polymer Mass-Production 3D Printing
December 9, 2020
Stratasys Ltd. signed an agreement to acquire 3D printing start-up Origin Inc. for up to $100 million (cash and stock), with $60 million paid on closing and $40 million in performance-based earnouts. The deal brings Origin's Programmable PhotoPolymerization (P3) platform and Origin One systems into Stratasys' portfolio to accelerate its push into mass production polymer additive manufacturing across markets such as dental, medical and industrial.
- Buyers
- Stratasys Ltd.
- Targets
- Origin Inc.
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Stratasys Acquires Covestro's Additive Manufacturing Materials Business
April 5, 2023
Manufacturing
Stratasys Ltd. completed the acquisition of Covestro AG's additive manufacturing materials business, including R&D facilities, global development and sales teams, a portfolio of ~60 materials, and an extensive IP portfolio. The deal expands Stratasys' materials offering (Somos and Addigy brands) across stereolithography, DLP, and powder technologies to address new manufacturing applications and end markets such as aerospace, medical and automotive.
-
Stratasys Acquires RP Support Ltd (RPS)
February 18, 2021
Manufacturing
Stratasys Ltd. acquired UK-based RP Support Ltd (RPS), the developer of the Neo line of industrial stereolithography (SLA) 3D printers. The acquisition expands Stratasys' polymer 3D printing portfolio across the product life cycle and is expected to be slightly accretive to revenue and non-GAAP EPS by the end of 2021.
-
Stratasys Acquires Remaining Stake in Xaar 3D
October 6, 2021
Manufacturing
Stratasys Ltd. has acquired all remaining shares of Xaar 3D Ltd. from Xaar plc, consolidating full ownership of the team and SAF powder-based technology used in the Stratasys H350 production platform. The move is intended to accelerate Stratasys' production-scale additive manufacturing capabilities and further develop the H Series platform for customers in automotive, consumer goods and other industrial markets.
-
Ultimaker (NPM) Merges with MakerBot; Stratasys Retains Minority Stake
August 31, 2022
Manufacturing
NPM Capital-backed Ultimaker merged with Stratasys' subsidiary MakerBot effective August 31, 2022, creating a combined desktop 3D printing company operating under the Ultimaker name. NPM Capital holds a 53.5% stake in the combined company while Stratasys retains a 46.5% minority interest; MakerBot financials will no longer be consolidated by Stratasys from September 1, 2022 onward.
-
Origin Materials Completes Business Combination With Artius Acquisition Inc.
June 25, 2021
Manufacturing
Origin Materials completed a business combination with special purpose acquisition company Artius Acquisition Inc., with Artius changing its name to Origin Materials and beginning trading on Nasdaq under ticker ORGN on June 25, 2021. The transaction (previously valued at approximately $1 billion) was supported by existing and new investors including Danone, Nestlé Waters, PepsiCo, Mitsubishi Gas Chemical and AECI and will provide capital to fund Origin's commercial-scale plants and growth plans.
-
CORE Industrial Partners Acquires RE3DTECH to Form 3D Printing Platform
January 11, 2022
Manufacturing
CORE Industrial Partners, a Chicago-based private equity firm, has acquired RE3DTECH, a supplier of high-volume additive manufacturing services, to form a new 3D printing platform. The investment will support organic growth, capability expansion (polymer and metal production-grade parts) and complementary acquisitions to broaden geographic and service reach.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.