GE takes controlling acquisition of two additive equipment companies

GE has agreed to acquire a 75 percent stake in Concept Laser GmbH of Lichtenfels, Germany, allowing GE to take full ownership over the next several years. The company, which manufactures powder bed-based laser additive manufacturing machines, has more than 200 employees. It has locations in China and Grapevine, Texas, as well as a global network of more than 35 distributors and agents.

The company also recently purchased 76.15 percent of Arcam AB, based in Mölndal, Sweden. Arcam invented the electron-beam melting machine for metal-based additive manufacturing and also produces advanced metal powders. The firm, which has about 285 employees, also operates AP&C, a metal powders operation in Canada, and DiSanto Technology, a medical additive manufacturing firm in Connecticut, as well as sales and application sites worldwide.

These acquisitions give GE controlling shares of two producers of additive manufacturing machines and technology. The firm has committed significant investments to enhance the portfolios of both companies.