Aitrtech
Published

AddUp to Acquire Majority Stake in Poly-Shape

The acquisition of the design and production services company will help AddUp expand its offerings, especially for the automotive industry.

Share

AddUp, a joint venture between Fives and Michelin and manufacturer of 3D metallic printing machines and systems, has announced a project to acquire a majority stake in the French company Poly‐Shape.

Created in 2007 by Stéphane Abed, Poly‐Shape offers design services and the production of parts via the metal 3D printing process. Since its inception, Poly-Shape has developed an expertise in metal additive manufacturing in fields such as tooling, aeronautics, the medical and energy sectors, and more specifically the motor sports sector, working with a large number of Formula 1 teams. Poly‐Shape has a global service offer for the 3D printing of parts which integrates design assistance and the optimization of parts as well as finishing operations. The company has a large number of machines in four facilities: Salon‐de‐ Provence, Saint‐Pierre‐du‐Perray and Le Coudray‐Montceaux in France as well as a facility in Carpi, Italy, also integrating postprocessing equipment. This project of Poly‐Shape’s majority stake acquisition will enable AddUp to expand its portfolio of applications and to strengthen its automobile market offer.

“The proven know‐how in the production of parts, in particular in the motor sports field will help us improve our support to OEMs (Original Equipment Manufacturers), and demonstrate the benefits and capacities of 3D printing, especially for top‐of‐the‐range vehicles” says Vincent Ferreiro, AddUp’s CEO.

Thanks to Poly‐Shape, AddUp will also be able to reinforce its support offer in assessing the opportunities offered by 3D printing (AddUpThink and AddUpStart services offer) with new production capacities of POC (Proof of Concept) parts including postprocessing and additional finishing. Poly‐Shape’s acquisition will enable AddUp to offer its customers access to a multi‐supplier, multitechnology, multi‐material and multi‐application test platform in order to better define the best technological trade‐off regarding the production of their parts. Poly‐Shape’s contribution will enable AddUp to accelerate the development of its machine and service offer by benefiting from the expertise Poly‐Shape’s teams have developed through 11 years of experience in the production of 3D-printed metal parts as well as receiving immediate feedback as it uses AddUp machines.

“AddUp and Poly‐Shape share the same vision regarding the evolution of the world of 3D printing and the same passion for innovation. Poly‐Shape will benefit from AddUp’s proven expertise in the industrialization and management of machines as well as a reinforced access to the world of motor sports thanks to Michelin’s worldwide reputation. AddUp will bring additional resources to Poly‐Shape so that it can continue its development both in France and abroad. AddUp’s entry into Poly‐Shape’s capital is a recognition of the expertise and work carried out by the teams during these last few years,” says Stéphane Abed, chairman of Poly‐Shape.

“I have been happy to accompany Poly‐Shape’s wonderful teams since 2007 and to have participated in the evolution of a company with a recognized know‐how,” says Philippe Veran, chairman of Upperside and a founding shareholder of Poly‐Shape. “AddUp’s investment into the capital represents a true opportunity for Poly‐Shape and its employees to continue its development and growth.”

The majority stake acquisition of Poly‐Shape follows AddUp's acquisition of BeAM at the beginning of June 2018. The exact terms and conditions of the transaction have not been disclosed.

The World According To
UPM Additive Solutions
Airtech
Acquire
AM Radio
The Cool Parts Show

Related Content

ActivArmor Casts and Splints Are Shifting to Point-of-Care 3D Printing

ActivArmor offers individualized, 3D printed casts and splints for various diagnoses. The company is in the process of shifting to point-of-care printing and aims to promote positive healing outcomes and improved hygienics with customized support devices.

Read More
Materials

VulcanForms Is Forging a New Model for Large-Scale Production (and It's More Than 3D Printing)

The MIT spinout leverages proprietary high-power laser powder bed fusion alongside machining in the context of digitized, cost-effective and “maniacally focused” production.

Read More
Aerospace

How Norsk Titanium Is Scaling Up AM Production — and Employment — in New York State

New opportunities for part production via the company’s forging-like additive process are coming from the aerospace industry as well as a different sector, the semiconductor industry.

Read More
Robots

10 Important Developments in Additive Manufacturing Seen at Formnext 2022 (Includes Video)

The leading trade show dedicated to the advance of industrial 3D printing returned to the scale and energy not seen since before the pandemic. More ceramics, fewer supports structures and finding opportunities in wavelengths — these are just some of the AM advances notable at the show this year.

Read More

Read Next

Design

3MF File Format for Additive Manufacturing: More Than Geometry

The file format offers a less data-intensive way of recording part geometry, as well as details about build preparation, material, process and more.

Read More
Metal

Carnegie Mellon Helps Industry, Students Prepare for a Manufacturing Future with AM and AI

Work underway at the university’s Next Manufacturing Center and Manufacturing Futures Institute is helping industrial additive manufacturers achieve success today, while applying artificial intelligence, surrogate modeling and more to solve the problems of the future.

Read More
Production

How Avid Product Development Creates Efficiencies in High-Mix, Low-Volume Additive Manufacturing

Contract manufacturer Avid Product Development (a Lubrizol company) has developed strategies to streamline part production through 3D printing so its engineering team can focus on development, design, assembly and other services. 

Read More
Airtech International Inc.