Markforged Acquires Digital Metal
August 31, 2022
Markforged (NYSE: MKFG) completed the acquisition of Digital Metal from Höganäs AB for approximately $32 million in cash, ~4.1 million shares of Markforged common stock and $1.5 million to settle intercompany balances. The deal brings Digital Metal's binder-jetting metal additive manufacturing capabilities and team (headquartered in Höganäs, Sweden) into Markforged as a subsidiary to expand high-throughput metal production offerings and integrate with Markforged's software and go-to-market engine.
- Buyers
- Markforged
- Targets
- Digital Metal
- Sellers
- Höganäs AB
- Industry
- Manufacturing
- Location
- Skåne County, Sweden
- Transaction Type
- Buyout
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