TRUMPF Spins Off 3D Printing Arm in Lenbach Acquisition
Deal News | Jul 17, 2025 | Taylor Wessing
Lenbach Equity Opportunities III, a fund managed by the DUBAG Group, has entered into an agreement to acquire TRUMPF's 3D printing business, specifically its Additive Manufacturing division encompassing Laser Metal Fusion (LMF) and Powder Bed Fusion technologies. This transaction reflects a strategic realignment aimed at transforming the business into an internationally recognized metal 3D printing solutions provider, with focus areas in aerospace, medical, dental, and general industries. Taylor Wessing, led by partner Sven Schweneke, advised Lenbach Equity on all legal matters regarding the acquisition. The approval from relevant authorities is pending. The DUBAG Group, headquartered in Munich since 2009, manages LEO III, which focuses on acquisitions involving corporate spin-offs and complex financial structures across Europe, particularly in the DACH region and Italy. TRUMPF, a leader in industrial lasers and machine tools, continues to innovate in digital manufacturing solutions.
Sectors
- Private Equity
- 3D Printing Technology
- Aerospace and Medical Technology
Geography
- Germany – The DUBAG Group and TRUMPF are both headquartered in Germany, indicating a significant national interest in the transaction.
- DACH Region – LEO III's investment strategy emphasizes the DACH region, encompassing Germany, Austria, and Switzerland, as key geographic areas for corporate acquisitions.
- Italy – Part of LEO III's strategic focus, Italy represents a critical geography for potential investment and expansion opportunities.
Industry
- Private Equity – The acquisition of TRUMPF's 3D printing division by Lenbach Equity demonstrates activity within the private equity sector, focusing on strategic acquisitions and business transformations.
- 3D Printing Technology – TRUMPF's 3D printing division is involved in advanced manufacturing processes like Laser Metal Fusion, which is pivotal in the technological advancement of industries.
- Aerospace and Medical Technology – The target industries for the acquired business indicate significant engagement with sectors requiring precision engineering and innovation, typical of aerospace and medical technology.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lenbach Equity Opportunities III (LEO III Fund) | Buyer | Company | A private equity fund managed by the DUBAG Group, focused on strategic investments and realignment of mid-sized companies. |
| TRUMPF | Target Company | Company | A high-tech company specializing in machine tools and laser technology, undergoing strategic divestment of its 3D printing division. |
| DUBAG Group | Investor | Company | An investment company managing the LEO III Fund, specializing in acquisitions involving complex financial and strategic situations. |
| Taylor Wessing | Legal Advisor | Company | An international law firm that advised Lenbach Equity on the legal aspects of the TRUMPF 3D printing acquisition. |