Sandvik acquires stake in leading Additive Manufacturing service provider
Sandvik has acquired a 30% stake in privately owned Italian company Beam IT, a leading provider of metal Additive Manufacturing (AM) services and advanced end-use components. “The investment in Beam IT will complement our existing offer in Additive Manufacturing. It is also in line with Sandvik’s strategic ambition to become a leading solution provider for the wider component manufacturing industry,” says Lars Bergström, President of Sandvik Machining Solutions. Beam IT is a trusted supplier of metal AM end-components to demanding industries, including automotive, energy and aerospace,