AddiFab acquired by Nexa3D to form an additive manufacturing powerhouse

West Hill portfolio company, AddiFab, has been acquired by Nexa3D in a deal that combines ultrafast industrial additive manufacturing with best-in-class 3D-printed injection mould tooling. 

Backed by Saudi Aramco Ventures, California based Nexa3D has moved to acquire Addifab, creating what both parties believe to be a world leading combined solution, uniquely positioning the Business to unlock digital tooling for the international injection moulding industry.

West Hill identified AddiFab as the provider of transformational technology for global manufacturing, which substantially reduces costs and lead times associated with bringing new products to market, whilst creating almost complete design freedom for manufacturers across a wide variety of materials. Freeform Injection Moulding is the first 3D printed soluble sacrificial tooling technology, enabling manufacturers launch and scale complex new products faster without investment in hard tooling and with significantly fewer financial risks.

Nexa3D is a pioneer in ultra-fast production grade polymer 3D printers, delivering up to 20x productivity gains for professionals and businesses of all sizes. The acquisition follows a highly successful partnership, with the two businesses providing innovative tooling technology to numerous blue-chip organisations, including Wilson Sporting Goods, General Motors, 3M, Pepsico, Motorola, Alstom, BASF and the US Navy. 

The transaction positions the combined Business for greatly accelerated growth, expanding addressable markets and diversifying revenue streams.  

Avi Reichental of Nexa3D commented:

‘We are very excited to welcome the entire Addifab team to the growing Nexa3D family of people, products and partners democratizing access to dissolvable tooling for same day complex moulded parts with hundreds of industrial plastics.

We believe that the market validated strategic fit between our businesses and products, combined with the expanded capabilities in product development, next-gen resin formulation, channel coverage, manufacturing, and marketing, will result in significant revenue and accretive growth.’