Prima Additive Set for Majority Stake Acquisition by Sodick
Deal News | Mar 21, 2025 | Finance Community IT - 1 Corporate M&A
Prima Additive, a company under the Prima Industrie Group and backed by Alpha Private Equity and Peninsula Capital, has entered into a definitive agreement to divest its majority stake to Sodick, a Tokyo Stock Exchange-listed company renowned for producing precision machinery and metal 3D printers. The financial and commercial alliance preceding this agreement was formed in April 2024, with the deal expected to be finalized in Q2 2025. Scouting Capital Advisors served as financial advisers to Prima Additive, while legal advisement was handled by Studio Legale Chiomenti. Sodick was advised by Frontier Management and legally represented by PedersoliGattai. Post-acquisition, Prima Additive's headquarters will remain in Italy under its current management led by CEO Paolo Calefati, aligning with Sodick’s strategy for growth in advanced laser technologies. This acquisition enhances Sodick's product offering and European market presence, while Prima Industrie intensifies its focus on its core laser and sheet metal automation business under the brand Prima Power. The merger is anticipated to yield significant synergies across product lines and geographic markets, fostering growth in the 3D metal printing sector.
Sectors
- Additive Manufacturing
- Precision Machinery
- Investment and Advisory Services
Geography
- Italy – Prima Additive is based in Italy where the company's headquarters will remain post-acquisition.
- Japan – Sodick, the acquiring company, is headquartered in Yokohama, Japan, and listed on the Tokyo Stock Exchange.
Industry
- Additive Manufacturing – The article focuses on companies involved in metal 3D printing, a key aspect of additive manufacturing.
- Precision Machinery – Sodick specializes in producing precision machinery crucial for implementing advanced manufacturing processes.
- Investment and Advisory Services – The financial and legal advisement roles played by various companies highlight the importance of investment and advisory services in M&A deals.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Prima Additive | Target Company | Company | An entity within the Prima Industrie Group, focusing on additive manufacturing systems for metals. |
| Prima Industrie | Selling Company | Company | Parent company of Prima Additive, specializes in automated line and machine solutions for sheet metal processing. |
| Sodick | Bidding Company | Company | A Japanese company that manufactures precision machinery and metal 3D printers. |
| Alpha Private Equity | Private Equity Firm | Company | One of the controlling funds of Prima Industrie Group. |
| Peninsula Capital | Private Equity Firm | Company | A controlling fund of Prima Industrie Group alongside Alpha Private Equity. |
| Scouting Capital Advisors | Financial Advisor | Company | Financial advisors to Prima Additive in the transaction. |
| Studio Legale Chiomenti | Legal Advisor | Company | Provided legal advisement to Prima Industrie's shareholders. |
| Frontier Management | Financial Advisor | Company | Advised Sodick in the transaction. |
| PedersoliGattai | Legal Advisor | Company | Acted as legal consultant to Sodick. |
| Giuseppe Mario Sartorio | Managing Partner | Person | Managing Partner at Scouting Capital Advisors, leading the advisement team. |
| Mikinao Ikarashi | Managing Director | Person | Managing Director at Frontier Management, overseeing advisement to Sodick. |
| Paolo Calefati | CEO | Person | CEO of Prima Additive. |