TRUMPF completely takes over joint venture with SISMA in Italy
Expansion of the dental and medical business in 3D printing
High-tech company TRUMPF is strengthening its Additive Manufacturing division: As announced last year, the Ditzingen-based company is taking over the joint venture TRUMPF SISMA S.R.L. completely from its Italian partner SISMA S.p.A. Up to now, TRUMPF held 55 percent of the shares.
In addition, TRUMPF will continue SISMA's LMF (Laser Metal Fusion) business in the industrial, dental and medical technology markets. The two companies have now signed an agreement to this effect.
At the same time as selling the joint venture and its own LMF division, SISMA plans to focus on the jewellery and fashion industry in the future and sell TRUMPF LMF machines for these markets.
TRUMPF SISMA was founded as a joint venture in 2014 and is based in Schio in northern Italy. Around 60 employees work there in the development and production of metal 3D printing machines with Laser Metal Fusion technology.
The transaction is expected to be completed by the end of 2021. The two companies did not provide further details.
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