52 Week Range
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SLM Solutions Group Says Chairman Michael Mertin Resigns
SLM Solutions Group H1 Net Loss Widens To 30.8 Million Euros
SLM Solutions Sees FY Revenue And Adj EBITDA Margin Significantly Lower Than Forecasted
SLM Solutions Group AG is a Germany-based company active in the field of industrial design and rapid manufacturing. It is engaged in the development, production and distribution of selective laser melting systems (SLM), which create three-dimensional (3D) objects from metal powders. The system selectively melts layers of metal powders with a laser beam, based on computer aided design (CAD) data. Its offering includes SLM 125, SLM 280, SLM 500, and automatic powder sieving station PSA 500, among others. The Company also serves customers in the fields of vacuum and metal casting. Its technology can be applied in automotive, education, aerospace and medical industries.
Constr. & Agric. Machinery
Chairman of the Supervisory Board
Chief Executive Officer, Member of the Management Board
Deputy Chairman of the Supervisory Board
Chief Operating Officer, Member of the Management Board
Gereon W. Heinemann
Chief Technology Officer, Member of the Management Board
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Activist investor Elliott has hiked its stake in German 3D printing firm SLM Solutions to 29.8 percent and is bringing in new supervisory board members following a series of profit warnings and a slump in the company's share price.
* SAYS CERESIO GMBH HAS TODAY NOTIFIED MANAGEMENT BOARD OF COMPANY THAT THEY HAVE SOLD AN AGGREGATE OF 1.3 MILLION SHARES
German 3D printer maker SLM Solutions removed Markus Rechlin from his position as chief executive officer and management board member with immediate effect, it said on Monday.
Activist investor Elliott said it planned to buy further shares in 3D printer maker SLM Solutions, a company in which it already holds a 20 percent stake, a regulatory filing published by SLM late on Thursday showed.
U.S. conglomerate General Electric <GE.N> has agreed to buy privately held German 3D printing firm Concept Laser for 549 million euros ($599 million), it said on Thursday, after its bid for rival SLM Solutions <AM3D.DE> failed.
General Electric on Thursday raised its recommended bid for Arcam to value the Swedish 3D printer maker at 6.2 billion crowns ($696 million), a day after abandoning its planned takeover of Germany's SLM Solutions.
U.S. conglomerate General Electric <GE.N> said on Wednesday its 683 million-euro ($745 million) offer for German 3D printer maker SLM Solutions <AM3D.DE> had lapsed after it failed to reach its minimum acceptance threshold of 75 percent.
* Announces its intention to reject GE's tender offer for SLM Solutions
* Says will not extend or change terms of tender offer for outstanding shares of SLM Solutions Source text for Eikon: Further company coverage:
* Says activist investor Elliott has increased its stake in the 3D printer manufacturer to 20 percent from 16 percent.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.