Industry M&A

Sandvik Exits 3D Printing Market, Divests Osprey Powder Business to Swedish Investment Firm Mimir

2026-05-31

Swedish industrial giant Sandvik has announced the signing of an agreement to sell its additive manufacturing business unit to Swedish investment firm Mimir, with the transaction expected to close in the third quarter of 2026, subject to regulatory approval. The deal triggers a non-cash impairment charge of SEK 230 million. Sandvik entered additive manufacturing in the mid-2010s and acquired a majority stake in Italian service provider BEAMIT in 2019, but later ended the partnership due to valuation disagreements and strategic differences, selling its BEAMIT shares in 2024. The company now completely divests its powder business. Mimir is acquiring Sandvik's metal powder business Osprey® through a carve-out. Osprey is a global expert in gas-atomized metal powders, serving the defense, aerospace, and medical industries. Sandvik's CEO stated that the divestiture aims to better position the additive manufacturing business for its next growth phase, with the new owner providing the necessary platform and focus. Mimir's managing partner commented that Osprey combines deep materials science, a world-class alloy library, and decades-long customer relationships, creating a difficult-to-replicate barrier to entry.

📰 News Source

This article was translated from a Chinese source.

Source URL not available

Show Chinese original

山特维克退出3D打印市场，粉末业务Osprey剥离至瑞典投资公司Mimir

瑞典工业巨头山特维克（Sandvik）宣布已签署协议，将其增材制造业务单元出售给瑞典投资公司Mimir，预计于2026年第三季度完成交割，需经监管批准。该交易触发2.3亿瑞典克朗的非现金资产减值。山特维克自2010年代中期涉足增材制造，曾于2019年收购意大利服务商BEAMIT多数股权，后因估值分歧和战略方向差异导致合作关系破裂，2024年出售BEAMIT股份，此次彻底剥离粉末业务。Mimir通过剥离方式收购山特维克的金属粉末业务Osprey®，该品牌是气体雾化金属粉末的全球专家，服务于国防、航天、医疗等行业。山特维克CEO表示，此次剥离旨在使增材制造业务更好地定位其下一增长阶段，新所有者将提供所需平台和专注。Mimir管理合伙人则表示，Osprey结合了深厚的材料科学、世界级合金库和数十年客户关系，创造了难以复制的准入门槛。

Related News

Titomic Secures U.S. Defense Component Order from EOS Defense Systems, Delivered Within One Week

Titomic's U.S. subsidiary has received an order from EOS Defense Systems USA to supply critical components for its U.S. defense production program, with delivery completed within one week. The order value was not disclosed. The order involves the rapid re-manufacturing of critical components using cold spray additive manufacturing. Cold spray is a solid-state deposition process used to fabricate and repair metal parts without melting the material. Rapid re-manufacturing and short-lead-time delivery of defense spare parts are typical applications of cold spray technology. This order validates the practical value of cold spray in the defense supply chain. Value for powder buyers: ① Demand for metal powders used in cold spray (aluminum, copper, titanium and their alloys) is linked to the defense repair market—relevant grades and particle sizes should be monitored. ② Domestic cold spray equipment and powder suppliers may find opportunities in the military repair sector. ③ As the order value was not disclosed, ongoing monitoring is needed to determine whether sustained orders will follow, which would clarify the scale of powder demand.

2026-08-12

TRUMPF Acquires Cutlite Penta to Expand Laser Tube Cutting Product Line

TRUMPF has announced the acquisition of Italian laser cutting equipment manufacturer Cutlite Penta to expand its laser tube cutting product line. The acquisition amount was not disclosed. Cutlite Penta specializes in customized large-format, high-power laser cutting and ultra-long tube cutting equipment, with 34 years of industry experience. The company will retain its independent brand, manufacturing, and sales operations after the acquisition. TRUMPF, a manufacturer of lasers and laser processing equipment, also supplies lasers for metal additive manufacturing systems. The acquisition will broaden TRUMPF's product coverage in the laser processing market. As a core supplier of lasers for metal AM equipment, the company's expanded scale is expected to enhance supply stability and cost control of laser sources. Value for powder buyers: (1) Laser costs account for a significant portion of metal AM equipment expenses, and changes in the upstream supply landscape indirectly affect equipment pricing, which in turn impacts printing service costs. (2) The direct impact on the powder side is limited, making this primarily a supply chain dynamic. (3) It is worth monitoring TRUMPF's future investment in its additive manufacturing business line, as laser technology iterations could drive improvements in equipment process capabilities.

2026-08-12

America Makes Announces 2026 Ambassadors and Outstanding Collaboration Award

America Makes has announced its nine ambassadors for 2026 and awarded the 2026 Outstanding Collaboration Award to Brett Conner, Chief Manufacturing Officer of SME. The organization also elected a new executive committee during the same period. The nine ambassadors, drawn from government, industry, and academia, represent sectors including defense, aerospace, energy, and equipment research, and will contribute to the promotion of additive manufacturing technologies and industry collaboration. America Makes is the U.S. national innovation institute for additive manufacturing, headquartered in Youngstown, Ohio. America Makes' membership and ambassador network serve as a key channel for U.S. additive manufacturing policy, standards, and program funding. Its annual project selections reflect the direction of U.S. industry resource investment. Value for powder buyers: ① Monitor America Makes' annual projects and challenge themes (e.g., collaborations with the U.S. Department of Defense's OIB), as these directions often drive demand for specific materials and processes. ② Companies doing business in the U.S. can leverage the ambassador network to gain insight into technology promotion priorities. ③ Evolutions in the U.S. standards system may impact powder certification requirements for exported products, so ongoing tracking is essential.

2026-08-12

📡 Get Daily Industry Updates

Follow on X Join Telegram

View all news