Nano Dimension Ltd., a supplier of additively manufactured electronics and multi-dimensional polymer, metal, and ceramic additive manufacturing 3D printers, has made a formal, non-binding offer to acquire Stratasys Ltd. for $18.00 per share in cash. According to a recent press release, Nano Dimension sees Stratasys as “a strategic, complementary asset in the relatively mature polymer-based AM market segment. The Proposed Transaction would create a market leader with unparalleled portfolio of materials, software, and deep learning with a go-to-market strength in the form of sales channels.”
Currently, Nano Dimension is the largest shareholder of Stratasys and has been since July 2022. Purchasing the remaining shares of Stratasys will cost the company approximately $1.1 billion.