Sandvik acquires stake in metal additive manufacturing provider Beam IT
The acquisition will complement and further strengthen Sandvik's existing offerings in metal additive manufacturing.
Sandvik (Sandviken, Sweden) has acquired a significant stake in additive manufacturing services provider Beam IT (Fornovo di Taro, Italy), with the right to further increase its stake over time. The acquisition will complement and further strengthen Sandvik's existing offerings in metal additive manufacturing, and is also in line with its strategic ambition to boost its presence in the wider component manufacturing industry.
Beam IT supplies advanced metal additive manufacturing components to industries such as aerospace, automotive, energy, and racing, and holds a number of relevant quality certifications, including AS 9100 for aerospace and NADCAP approval. In 2018, the company had 38 employees and more than 20 powder-bed fusion printers installed.
Since 2013, Sandvik has made sizeable investments in a wide range of additive manufacturing process technologies for metal components, including powder-bed fusion (laser and electron beam) and binder jetting. The company also has 150 years of experience in materials technology and 75 years in post-processing methods like metal cutting, sintering, and heat treatment.