Nano Dimensions acquires Essemtec
Nano Dimensions, which specializes in additive PCB manufacturing technology, is gaining an important foothold in the market of assembly machines, dosing devices, and storage systems.
The Nasdaq-listed Nano Dimension Ltd. acquires the Lucerne-based Essemtec Group. The Essemtec Group has subsidiaries in the USA, France, and Germany and employs approximately 100 people. With the acquisition, Nano Dimension, now an industry leader in additively manufactured electronics (AME), acquires important know-how in the dispensing and assembly of electronic components. The offer of both companies complements perfectly and the plant in Aesch (LU) is not only to continue operations but is even to be expanded.
Essemtec is one of the leading companies in the P&P SMT machine markets, advanced dosing machines for both high-speed dosing and micro jetting, and intelligent material storage and production logistics systems. The devices are equipped with an advanced software package that enables comprehensive and effective material management.
Franz-Xaver Strüby, Essemtec's CEO, comments: 'The combination of Nano Dimension's strong position in the Americas markets with Essemtec's well-established presence in Europe creates valuable synergies for both sides. Moreover, I am convinced that the combination of both technologies will provide a strong development stimulus for 3D printed electronics and for the production of electronics as such. The Essemtec team, as well as myself, are looking forward to working further as part of the joint team of Essemtec and Nano Dimension. '
Yoav Stern, President, and CEO of Nano Dimension said: robotics. Their teams will continue to be led by their current managers, supported in addition by Ziki Peled, COO of Nano Dimension.