German 3D printer manufacturer AIM3D announced it has successfully completed a consolidation phase and reorganization of its shareholder structure and a management buyout. According to the company, a series of factors in the second half of 2023, including high energy costs, uncertainties in business development and an investment backlog led to its decision.
CEO Vincent Morrison said, “In this difficult market environment, it was not possible for us to stick to our initial development goals. This resulted in a reorganization of the shareholder structure and new strategic partnerships. During the restructuring phase, we continued to meet our customers’ needs and proceeded with the further development of our granulate printing technology.”
Based in Rostock, Germany, AIM3D is a pioneer in the development of pellet 3D printers since 2017.