BASF Buys Dutch 3D Printing Business
August 18 2017 - 7:15AM
Dow Jones News
By Sonia Amaral Rohter
BASF SE (BAS.XE) on Friday said that it has acquired 100% of
Netherlands-based filament producer Innofil3D BV, part of BASF's
push into the area of 3D printing.
The German chemical company didn't disclose the purchase price.
Innofil3D specializes in customized filaments used in some 3D
printing.
In July, BASF announced plans to establish a new company to
focus on 3D printing. The subsidiary, BASF 3D Printing Solutions
GmbH, will focus on materials, system solutions, components and
services in the field of 3D printing.
"With this acquisition, BASF is moving one step further along
the value chain and can now provide not only plastic granulate for
3D printing but also the next processing level: the filaments,"
said Volker Hammes, managing director at BASF New Business.
Write to Sonia Amaral Rohter at
sonia.amaralrohter@dowjones.com
(END) Dow Jones Newswires
August 18, 2017 07:00 ET (11:00 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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