Materialise to Expand Reach in Fast-growing Brazilian Market with Strategic Investment in Engimplan LTDA
Materialise NV - American Depositary Shares (MTLS)
Last materialise nv - american depositary shares earnings: 4/30 06:30 am
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Source: Business Wire
Investment will allow Materialise to bring benefits of personalized 3D printed implants to Brazil LEUVEN, Belgium & RIO CLARO, Brazil--(BUSINESS WIRE)--Materialise (NASDAQ:MTLS), a global leader in 3D printing solutions, today announced a strategic investment in Engimplan, a Brazil-based manufacturer of orthopedic and cranio-maxillofacial (CMF) implants and instruments. The combination of Materialise’s expertise in 3D printed medical solutions with Engimplan’s innovative product portfolio will help to accelerate the introduction of 3D printed, personalized implants and instruments in the Brazilian market. Materialise has signed an agreement to acquire a 75% stake in Engimplan through a combined acquisition of existing and new shares via its Brazilian subsidiary Engimplan Holding Ltda. Closing of the transaction is expected to take place early August. As part of the transaction, Materialise will gain access to Engimplan’s local production facility; expand Engimplan’s portfolio with
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News
- Materialise NV (NASDAQ: MTLS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Metal Additive Manufacturing Market to Grow by USD 15.13 Billion (2024-2028), Driven by Rising Demand for Additive Manufacturing, AI-Powered Report Highlights Market Shift - TechnavioPR Newswire
- Here's What Could Help Materialise (MTLS) Maintain Its Recent Price Strength [Yahoo! Finance]Yahoo! Finance
- Materialise NV (NASDAQ: MTLS) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Materialise NV (NASDAQ: MTLS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
MTLS
Sec Filings
- 10/24/24 - Form 6-K
- 10/24/24 - Form 6-K
- 8/30/24 - Form EFFECT
- MTLS's page on the SEC website