Desktop Metal to Acquire The ExOne Company
August 11, 2021
Desktop Metal, Inc. agreed to acquire all outstanding shares of The ExOne Company for total consideration of $25.50 per ExOne share, implying a transaction value of approximately $575 million. The deal combines Desktop Metal's global distribution and product portfolio with ExOne's binder-jetting platforms to expand capability and accelerate adoption of additive manufacturing for mass production.
- Buyers
- Desktop Metal, Inc.
- Targets
- The ExOne Company
- Sellers
- ExOne shareholders (including support from Kent Rockwell)
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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