M&A Deal Summary

Sintavia Acquires GE Additive - Arcam EBM Q20plus

On July 21, 2020, Sintavia acquired machinery company GE Additive - Arcam EBM Q20plus from GE Additive

Acquisition Highlights
  • This is Sintavia’s 1st transaction in the Machinery sector.
  • This is Sintavia’s 2nd transaction in the United States.
  • This is Sintavia’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2020-07-21
Target GE Additive - Arcam EBM Q20plus
Sector Machinery
Buyer(s) Sintavia
Sellers(s) GE Additive
Deal Type Divestiture

Target

GE Additive - Arcam EBM Q20plus

Connecticut, United States
GE Additive's Arcam EBM Q20plus create dimensionally accurate parts quickly and efficiently by utilizing a high-power electron beam for high melting capacity and productivity. The Arcam EBM process takes place in a vacuum and at high temperature, resulting in stress-relieved components with material properties better than cast and comparable to wrought material.

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Buyer(S) 1

Buyer

Sintavia

Davie, Florida, United States

Category Company
Founded 2012
Sector Aerospace
Employees36
DESCRIPTION

Sintavia LLC engages in Development, manufacture, and sales of metallic material 3D-printed products whose strengths lie in the aerospace and oil & gas markets. The 3D-printing and all other processes involved – including product design, powder sampling, machine processing, thermal treatment, and quality inspection – can be carried out entirely in-house. The company has earned NADCAP certification, an international certification for the aerospace industry requiring extremely robust quality control functions, as well as AS9100, ISO 17025 and ANAB certifications, all evidencing the company’s adept quality control capabilities.


DEAL STATS #
Overall 2 of 2
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-15 QC Laboratories

Hollywood, Florida, United States

QC Laboratories, Inc. (QC Labs) engages in the supply of NDT testing services to the Aerospace & Defense industry. With three locations in Hollywood, Florida; Orlando, Florida; and Cincinnati, Ohio; QC Labs specializes in Radiographic (X-ray & Gamma), Fluorescent Penetrant, Ultrasonic, Magnetic Particle, and Eddy Current Inspections, as well as holding approvals for these processes from Honeywell Aerospace, Lockheed Martin, General Electric, Collins Aerospace, Pratt & Whitney, Cessna, Eaton, Aerojet Rocketdyne, and Rolls-Royce, among others.

Buy -

Seller(S) 1

SELLER

GE Additive

Fairfield, Connecticut, United States

Category Company
Sector Technology Hardware
DESCRIPTION

GE Additive is a digital industrial company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive.


DEAL STATS #
Overall 1 of 2
Sector: Machinery M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
State: Connecticut M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-16 GeonX

Charleroi, Belgium

GeonX is a provider of software for engineers when developing new products, to simulate additive manufacturing, welding, machining and heat treatment processes in various industries such as aerospace, automotive and energy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-25 GE Additive - KARNO

Fairfield, Connecticut, United States

GE Additive's KARNO is a generator that operates over 20 different fuels including hydrogen, natural gas, propane, ammonia, and conventional fuels. The technology uses heat to drive a sealed linear generator to produce electricity. The heat is produced by reacting fuels through flameless oxidation or other heat sources including renewables.

Sell $37M