Markforged Marks New Chapter with Nano Dimension Acquisition

Deal News | Mar 14, 2025 | EIN

Markforged Marks New Chapter with Nano Dimension Acquisition

Nano Dimension, known for its expertise in additive manufacturing electronics, has successfully acquired Markforged Holding Corporation, a U.S. based 3D printer manufacturer, for $116 million or $5.00 per share. This deal follows a similar agreement with Desktop Metal and comes after a period marked by legal disputes and leadership changes at Nano Dimension. The acquisition is expected to strengthen Nano Dimension's foothold in metal and composite manufacturing, leveraging Markforged's substantial installed base of 15,000 systems. While Nano faces challenges with legal disputes involving Desktop Metal, the acquisition-driven strategy aims to expand Nano's global reach and boost its AI-optimized production capabilities. Nano Dimension's strategy also aligns with its goal to improve capital position and profitability, supported by Markforged's strong product lineup and market presence in diverse sectors like aerospace, automotive, and medical technology.

Sectors

  • Additive Manufacturing
  • Manufacturing Technology

Geography

  • United States – Markforged, the target company of the acquisition, is based in the U.S.
  • Israel – Nano Dimension, the acquiring company, is known to operate from Israel.

Industry

  • Additive Manufacturing – The article involves companies engaged in additive manufacturing, focusing on 3D printing technologies.
  • Manufacturing Technology – The article discusses the acquisition of companies specializing in manufacturing technologies, specifically 3D printers for industrial applications.

Financials

  • $116 million – Purchase price for Markforged, at $5.00 per share.
  • $179.3M – Price for the earlier acquisition of Desktop Metal.

Participants

NameRoleTypeDescription
Nano DimensionAcquiring CompanyCompanyAn additive manufacturing electronics firm acquiring Markforged.
Markforged Holding CorporationTarget CompanyCompanyA U.S. based manufacturer of 3D printers and systems.
Desktop MetalSeller/Disputed CompanyCompanyAnother target in an M&A strategy by Nano Dimension, involved in legal disputes with Nano.
Yoav SternFormer CEOPersonInitially led Nano Dimension during M&A activities before being ousted.
Ofir BaharavCurrent CEOPersonCurrent CEO of Nano Dimension, overseeing its strategic acquisitions.
Murchinson Ltd.Activist ShareholderCompanyA vocal critic and influencer in Nano Dimension's strategic direction.