Nano Dimension Set to Complete Desktop Metal Merger Following Court Order
Deal News | Mar 14, 2025 | EIN
Nano Dimension, a micro-3D printing specialist, is on track to complete its merger with Desktop Metal following a ruling by the Delaware Court of Chancery. Despite disappointment expressed by Nano's Chairman, Ofir Baharav, over the court's decision, the company is preparing for a rapid integration of Desktop Metal's assets and team to strengthen its position in the digital manufacturing market. This merger is part of Nano Dimension's broader strategic vision to expand its scale and customer base. The company's management underwent restructuring in December 2024, driven by activist investor Murchinson Ltd. Nano Dimension had previously faced litigation from Desktop Metal and Markforged over acquisition disputes. However, the court's decision mandates the completion of the Desktop Metal merger, which is valued at $183 million in an all-cash deal agreed upon in July 2024. Nano Dimension reaffirms its goal of being a leader in digital manufacturing across various industries, supported by strategic pillars focused on financial strength, profitable growth, margin expansion, and customer partnerships.
Sectors
- 3D Printing
- Manufacturing
- Legal
Geography
- United States – The companies involved, Nano Dimension, Desktop Metal, and Markforged, operate and have disputes resolved in the U.S.
Industry
- 3D Printing – The article is centered around companies involved in the production and innovation of 3D printing technologies.
- Manufacturing – The mergers aim to enhance capabilities in digital manufacturing solutions across diverse sectors.
- Legal – The Delaware Court of Chancery's involvement in ordering the merger completion highlights the legal industry's role.
Financials
- $183 million – The all-cash deal value for Nano Dimension's acquisition of Desktop Metal.
- $115 million – The agreed amount for Nano Dimension's planned acquisition of Markforged.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nano Dimension | Acquirer | Company | A leading micro-3D printing specialist aiming to merge with Desktop Metal. |
| Desktop Metal | Target Company | Company | A 3D printing company involved in a legal dispute and merger agreement with Nano Dimension. |
| Delaware Court of Chancery | Judicial Body | Government | The court that ordered Nano Dimension to comply with the Desktop Metal merger agreement. |
| Murchinson Ltd. | Activist Shareholder | Company | Influential shareholder in Nano Dimension, critical of past M&A activities. |
| Markforged | Potential Merger Partner | Company | Involved in a pending merger with Nano Dimension; caught in legal disputes. |