Ultimaker BV

History

2022: Merger with MakerBot

On May 12, 2022, MakerBot Industries, a major supplier of 3D desktop printers, announced plans to merge with rival Ultimaker BV.

The transaction is expected to be completed by the end of the third quarter of 2022. After that, MakerBot CEO Nadav Goshen and Ultimaker CEO Jürgen von Hollen will head the combined companies as co-CEOs.

Major manufacturers of 3D printers MakerBot and Ultimaker merged into one company

This merger marks an important milestone for Ultimaker and MakerBot, von Hollen said in a statement. Innovation and growth are critical for transforming 3D printing from a specialty to a core business. The new company will leverage and expand its combined global presence with sales and operations in the Americas, EMEA and APAC.

MakerBot, located in New York, sells a line of 3D printers that can be used to make products such as prototypes, car parts and industrial equipment components. The company also provides a number of related offers. MakerBot supplies manufacturing materials for 3D printers, as well as design software that customers can use to manage production.

Ultimaker from the Netherlands competes in the same market as MakerBot. Ultimaker offers a range of 3D printers, as well as software tools and production materials. The company's flagship 3D printer, Ultimaker S5, can make products from more than 200 materials.

MakerBot and Ultimaker were launched in 2009 and 2011, respectively. A few years after the launch, the MakerBot was acquired for $604 million by Stratasys, a 3D printer manufacturer listed on the Nasdaq exchange. Ultimaker, in turn, attracted in 2017 an undisclosed amount of financing from the investment company NPM Capital.

NPM Capital will hold a 54.4% stake in the company, which will emerge from the merger of MakerBot and Ultimaker. Stratasys will receive a share of 45.6%. Firms plan to invest $62.4 million in the combined company to help it expand its product range, as well as enter new markets.

Technological innovation is paramount to increasing the availability of easy-to-use professional 3D printing solutions, said Goshen. By bringing together our teams and leveraging additional funding, we can accelerate the development of advanced solutions to provide our customers with a broad portfolio of hardware and software solutions to serve a wide range of customers and applications.[1]

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