Siemens buys additive manufacturing specialist

A WORCESTER manufacturer that is leading the way on 3D printing has been bought by Siemens.

Siemens took a 14% stake in the business last year and has now increased that to 85%, with the company’s founder Carl Brancher retaining 15%.

Materials Solutions employs more than 20 engineers and is one of the world leaders in Additive Manufacturing (AM) processing and production.

Additive Manufacturing is a process, also known as 3D printing, that builds parts layer-by-layer from sliced CAD models to form solid objects.

Mr Brancher, chief executive of Materials Solutions, said: “I am sure our know-how and experience will make a significant contribution to Siemens’ Additive Manufacturing strategy.

“Materials Solutions is developing the applications know-how and a supply chain for the world’s most advanced engineering companies – delivering processes and precision parts from 3D CAD models, using software, lasers and metal powders.”

Materials Solutions was founded 10 years ago and describes itself as a pioneer in the use of Selective Laser Melting (SLM) technology for the manufacture of high-performance metal parts.

A specialty of the company is making turbomachinery parts, particularly high temperature applications for gas turbines where accuracy, surface finish and the highest quality of the materials is critical.

Willi Meixner, chief executive of Siemens’ power and gas division, said: “With the acquisition of Materials Solutions, we are able to secure world-leading expertise in materials and AM process development with focus on high-temperature super alloys.

“The company’s strength is to turn models into high quality components in record time. Clearly Materials Solutions fits perfectly within our vision for growth and application of advanced technologies within our power and gas portfolio.”

RSM’s M&A and private equity team, led by Sukhi Johal, advised Materials Solutions’ shareholders on the sale. The deal value was undisclosed.