By the end of 2021 TRUMPF will fully acquire the joint venture with Italy’s SISMA

November 17, 2021, Germany
Trumpf
group(
TRUMPF
) is aggressively expanding its additive manufacturing business. As announced last year, the high-tech company will acquire the entire stake in the joint venture TRUMPF SISMA SRL from its Italian partner SISMA SpA. Currently, TRUMPF holds a 55% stake in TRUMPF SISMA.

In addition, TRUMPF will continue SISMA’s activities in industrial,
dentistry
and
medical
Market side Laser Metal Melting (LMF) business. At present, the two companies have signed relevant agreements.

In addition to the sale of the joint venture and its own laser metal melting (LMF) business, SISMA will focus on the jewelry and fashion industries in the future, and promote the distribution of TRUMPF laser metal melting (LMF) equipment in these markets.

TRUMPF SISMA was established in 2014 as a joint venture. Its headquarters are located in Schio, northern Italy.About 60 employees are engaged in laser metal melting (LMF) based technology3D printingEquipment development and production work.
The acquisition is expected to close by the end of 2021. The companies have not provided further details at this time.

About TRUMPF

TRUMPF was established in 1923. As a consulting unit of the German government, it participated in the initiation of the German Industry 4.0 strategy and was the first founding member of German Industry 4.0. TRUMPF has long been committed to the field of lasers and machine tools, and is the only manufacturer in the world that can supply extreme ultraviolet (EUV) lithography machine light sources.

In the 1980s, TRUMPF installed its first machine tool in China. In 2000, TRUMPF established a wholly-owned subsidiary in Taicang, Jiangsu.The current business covers
car
, batteries, consumer electronics, medical devices,
aviation
aerospace
and other high-end intelligent manufacturing.

In the 2020/21 financial year, TRUMPF has around 14,800 employees worldwide and annual sales of 3.5 billion euros. Among them, 15% of the sales are contributed by the Chinese market. The sales of TRUMPF China increased by 51% year-on-year to 525 million euros, making it the largest and most important overseas market for TRUMPF. The group has more than 70 subsidiaries with operations in almost all countries in Europe, North and South America and Asia. At the same time, TRUMPF has production bases in Germany, China and other places.

(responsible editor: admin)