Nikon SLM Solutions AG
SLM Solutions: Takeover offer of GE Germany Holdings AG lapses
DGAP-News: SLM Solutions Group AG / Key word(s): Statement SLM Solutions: Takeover offer of GE Germany Holdings AG lapses
– Management and Supervisory boards of SLM Solutions Group had backed takeover attempt
The SLM Solutions Group is still going to pursue its strategy of further developing itself into an integrated system provider in the additive manufacturing area. To this end, SLM joined forces with Austrian company CADS GmbH and had already founded a company for the development of special software for the design and construction requirements of selective laser melting in February 2016. In July 2016, 3D Metal Powder GmbH was formed together with the main shareholder of TLS Spezialpulver. This company will advance the development, production and processing of special metallic powders. The plan is to initially create manufacturing capacity to produce 100 tonnes of aluminium powder per year. “We have shown in the past that SLM Solutions in its current independent structure is well positioned – especially with the technology we have developed and the strategy we are pursuing. However, the takeover offer and its course have caused increased uncertainty in the market for additive manufacturing and for our customers and employees,” is how Uwe Bögershausen, CFO of SLM Solutions Group AG, assesses the situation. In the view of the company, the annual targets for the performance indicators revenue and adjusted EBITDA can still be achieved and will depend to a high degree on the results of the fourth quarter with the important trade fair formnext in Frankfurt, as in the previous year.
Lübeck-based SLM Solutions Group AG is a leading provider of metal-based additive manufacturing technology. The company’s shares are traded in the Prime Standard of the Frankfurt Stock Exchange. The stock has been listed in the TecDAX index since March 21, 2016. SLM Solutions focuses on the development, assembly and sale of machines and integrated system solutions in the field of selective laser melting. SLM Solutions currently employs over 310 members of staff in Germany, the USA, Singapore, Russia and China. The products are utilised worldwide by customers in particular from the aerospace, energy, healthcare and automotive industries. Contact:
2016-10-27 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | SLM Solutions Group AG | |
Roggenhorster Strasse 9c | ||
23556 Lübeck | ||
Germany | ||
Internet: | www.slm-solutions.com | |
ISIN: | DE000A111338 | |
WKN: | A11133 | |
Indices: | TecDAX | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News Service |