CRDM, a UK-based 3D printing manufacturer, acquired by US-based peer 3D Systems.
Additive printing firm CRDM has been acquired by US-based peer 3D Systems. Details of the deal were not disclosed.
The UK-based CRDM is a spin-out from the Buckinghamshire Chilterns University College, now Buckingham New University. It focuses on providing 3D printing services for prototyping and tooling across a range of industries, including aerospace, medical, and defence. It has a headcount of 40 employees.
3D Systems will immediately integrate CRDM into its Quickparts Solutions arm, which provides custom parts and manufacturing services, as well as using CRDM as a base to extend its offering into the UK.
Ziad Abou, vice president of Quickparts Solutions at 3D Systems, said: “CRDM is a strategic and geographically important addition to our rapidly growing 3D content-to-print services portfolio. With a proven track record in advanced manufacturing and rapid tooling, CRDM complements and expands our extensive range of custom parts services.”
3D Systems has been on a spending spree lately, with the CRDM marking its third acquisition in three months.