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SCOUTING CAPITAL ADVISORS ASSISTS PRIMA ADDITIVE IN SODICK’S ENTRY INTO THE SHARE CAPITAL
- Turin, 29 March 2024 – Prima Additive S.r.l. (“Prima Additive“), a company of the Prima Industrie Group dedicated to Metal Additive Manufacturing technologies based in Turin, Italy, announces the entry in its share capital of Sodick Co., Ltd (“Sodick“), a Japanese company listed on the Tokyo Stock Exchange and leader in the production of high precision machine tools for the EDM (Electrical Discharge Machining) sector.
- Sodick will enter the capital of Prima Additive through a reserved capital increase that will bring it to hold a 9.5% stake. The business alliance between the two companies is functional to the growth of the two companies’ material processing laser technology product portfolio, particularly in the area of industrial metal additive manufacturing technologies.
- The collaboration between Sodick and Prima Additive is particularly interesting due to the complementary nature of the two brands’ offerings in terms of technologies, products, target market sectors, customers, applications and geographies.
- Prima Additive, part of the Prima Industrie Group controlled by the funds Apha Private Equity and Peninsula Capital, develops, manufactures and distributes industrial systems for Metal Additive Manufacturing applications, also known as 3D Metal Printing, using Laser Powder Bed Fusion technology, Direct Energy Deposition technology, as well as other advanced laser technologies, including remote laser welding and laser hardening, processes particularly used in the automotive sector. Thanks to its development capabilities, Prima Additive has a wide range of applications in numerous sectors, including aerospace, energy and medical.
- Sodick, a company founded in 1976 and headquartered in Yokohama but with a worldwide presence through its offices in Asia, Europe and America, is a leading manufacturer of computer numerical control EDM machines, high-precision wire EDM, CAD/CAM systems for mould design and manufacture, injection moulding machines and high-speed manual drilling machines.
- In the transaction, Prima Additive‘s shareholders were assisted by Scouting Capital Advisors, as financial advisor, with a team led by Managing Partner Giuseppe Mario Sartorio, Director Richard Pratissoli and Associate Director Andrea Isacchi.
