Stratasys Acquires Covestro Additive Manufacturing Materials Business

Stratasys Acquires Origin to Expand Polymer Mass-Production 3D Printing

December 9, 2020

Manufacturing

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.

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.

Stratasys and Desktop Metal Combine in $1.8 Billion All-Stock Merger

May 27, 2023

Manufacturing

Stratasys Ltd. and Desktop Metal announced a definitive, all-stock transaction valued at approximately $1.8 billion to combine their additive manufacturing businesses. The deal unites Stratasys’ polymer strengths with Desktop Metal’s industrial mass production platforms, targeting $1.1 billion in combined 2025 revenue, with closing expected in Q4 2023.

H.I.G. Capital Affiliate Acquires Covestro's European Polyurethane Systems Business (Plixxent)

January 17, 2019

Manufacturing

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire Covestro AG's European Polyurethane Systems business in a carve-out transaction, with closing expected in the second half of 2019 pending regulatory clearance. The business — operating four systems houses across Germany, Denmark, the Netherlands and Spain and employing ~250 people with ~€230m sales — will be run independently (to operate as Plixxent) and used as a platform for pan‑European expansion and add-on acquisitions.

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.

Vertellus Acquires Polyscope Polymers

January 31, 2022

Manufacturing

Indianapolis-based specialty materials manufacturer Vertellus, backed by Pritzker Private Capital, has acquired Polyscope Polymers B.V., a Netherlands-based producer of styrene maleic anhydride (SMA) copolymers. The deal expands Vertellus’ European production capabilities and extends its presence into coatings, electronics and automotive end markets as an add-on to the Vertellus platform.