3D is now always in the agenda of leader technology brands. Using this technology actively in spare part production and prototyping, China based Siemens will speed up its works with Materials Solutions venture. The firm bought 85% of Materials Solutions to be one step ahead in the market.
As part of its growing interest in advanced manufacturing technologies, Siemens has invested in SLM specialist Materials Solutions, founded in 2006 and based in Worcester, UK. The British company is known for its turbomachinery parts, especially those used in high temperature applications for gas turbines, and has produced components for customers in aerospace, power generation, and motor sports. Siemens Venture Capital had held a minority (14%) stake in the company, which lists more than 20 skilled engineers amongst its staff, since August 2015.
“With the acquisition of Materials Solutions, we are able to secure world-leading expertise in materials and AM process development with focus on high-temperature super alloys. The company’s strength is to turn models into high quality components in record time. Clearly Materials Solutions fits perfectly within our vision for growth and application of advanced technologies within our Power & Gas portfolio,” said Willi Meixner, CEO of Siemens Power and Gas Division.
Founded in 2006, Materials Solutions has proven applications in high demanding fields such as aerospace, power generation and motor sports. “We are very proud to become a part of Siemens,” said Carl Brancher, CEO of Materials Solutions. “I am sure our know-how and experience will make a significant contribution to Siemens’ Additive Manufacturing strategy. Materials Solutions is developing the applications know-how and a supply chain for the world’s most advanced engineering companies – delivering processes and precision parts from 3D CAD models, using software, lasers and metal powders,” he added. Materials Solutions will continue to focus on supporting external customers in those highly demanding environments in order to continuously drive and leverage innovations across different industries.
