BCN3D, a 3D printing solutions developer and manufacturer, has filed for bankruptcy after failing to reach a debt restructuring agreement. However, the company's future is secured with the acquisition of its assets and operations by Quantum, a new company backed by private investors. The acquisition guarantees business continuity and retains the current team. Quantum aims to drive innovation and strengthen its market presence in the additive manufacturing sector for light industrial applications.
BCN3D, a prominent developer and manufacturer of 3D printing solutions, has filed for bankruptcy following the failure to reach a debt restructuring agreement. However, the company's future has been secured through the acquisition of its assets and operations by Quantum, a newly established company backed by private investors. The acquisition ensures business continuity and retains the current team, setting the stage for Quantum to drive innovation and strengthen its market presence in the additive manufacturing sector for light industrial applications [1].
Based in Lleida, Spain, Quantum is supported by Spanish firms such as Sorigué, Banasegur (part of the Sabseg Group), Teberfer, and Inversions Vall. It has acquired all of BCN3D’s assets, including its headquarters and recently opened European production facility. Quantum aims to build on the investments, infrastructure, and momentum BCN3D has developed over the years, while ensuring continuity across its products, technologies, and brands [1].
The acquisition comes less than three months after BCN3D filed for voluntary bankruptcy in May. Despite this setback, BCN3D has maintained a strong foundation for the future, and Quantum is committed to upholding the quality, responsiveness, and support that partners and customers have come to expect [1]. The deal ensures that BCN3D’s technologies and roadmap will continue to evolve under a newly revised organizational structure.
BCN3D specializes in industrial-scale Fused Filament Fabrication (FFF) 3D printers, including its flagship Omega I60 IDEX and Epsilon Series offerings. Historically, BCN3D financed its operations through a mix of private capital and public support, securing significant investments from various entities [1]. Despite these backing, the firm has faced financial headwinds, with annual revenues from 3D printer sales stagnating at roughly €5 million and losses since 2018 reaching -€10 million [1].
The acquisition by Quantum is part of a broader trend in the 3D printing industry, where asset acquisitions have become commonplace. Earlier this month, an affiliate of U.S. industrial technology investor Anzu Partners acquired EnvisionTEC GmbH, a provider of high-precision industrial 3D printers [1]. This deal, among others, seeks to ensure continued stability and consistency for customers, suppliers, and employees.
As BCN3D navigates its new chapter under Quantum's ownership, the focus will be on leveraging the company's strengths in 3D printing technology to drive innovation and growth in the light industrial market. Quantum's strategic investment in BCN3D positions it well to capitalize on the growing demand for additive manufacturing solutions in various industries.
References:
[1] https://3dprintingindustry.com/news/bcn3d-rescued-following-new-asset-acquisition-243283/
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