World-leading provider of 3D content-to-print solutions, 3D Systems Corporation has acquired Formero Pty Ltd and its subsidiary company, XYZ Innovation.
Formero and XYZ Innovation are leading providers of rapid manufacturing services and 3D printers in Australia and New Zealand.
3D Systems’ content-to-print solutions include 3D printers, print materials and on-demand custom parts services for professionals and consumers alike.
According to Formero Managing Director, Simon Marriott, Formero and XYZ Innovation have been providing their customers with innovative Rapid Manufacturing solutions to meet their product development challenges over the last decade.
The acquisition, he believes will help Formero deliver even greater benefits to their customers with the entire range of 3D Systems’ rapid prototyping and 3D printing solutions.
Formero provides best-in-class rapid prototyping and custom manufacturing services in Australia. Formero is also a leading provider of personal, professional and production 3D printers that include plastic and metal printing solutions through its wholly owned subsidiary, XYZ Innovation. Additionally, Formero operates a facility in Shenzhen China in support of its growing on-demand custom parts services.
Commenting on the acquisition, Abe Reichental, President and Chief Executive Officer of 3D Systems says that Formero represents a significant milestone in their Asia-Pacific expansion plans with key operations in Australia and China, and proven custom parts services and printer solutions growth record.
Formero and its subsidiary company, XYZ Innovation will henceforth operate as 3D Systems Asia-Pacific Pty Ltd with an expanded range of products and services that include 3D printers, design productivity tools, prototyping and manufacturing services.