DPE-backed SLM Solutions eyes €75m IPO


german flag 2_sqPrivate equity-backed German 3D printer maker SLM Solutions said that it is preparing for an IPO on Frankfurt’s stock exchange, expecting to raise €75m.

Germany’s DPE Deutsche Private Equity invested in SLM in April last year and was reported to be planning an IPO. The firm has hired Deutsche bank and Credit Suisse to run the IPo, according to a Reuters report.

SLM focuses on emerging laser-based technology, used in production applications across the aerospace, automotive, tool engineering, dental and medical sectors.

SLM said, “We believe the market for metal-based 3D printing is at an inflection point, with the technology being ready for industrial serial production.”

The company posted an EBITDA of €2.5m on revenues of €21.6m last year.

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