GE to boost its stake in Swedish 3D printer Arcam AB to 90%

GE will buy the outstanding shares from those owned by Elliott Management and the Polygon Investment Group.

On Wednesday, GE disclosed it will increase its stake in Arcam AB, a Swedish 3D printer maker, to more than 90%, from 77%.

GE, which acquired a controlling stake in Arcam in 2016, stated it will buy Arcam’s outstanding shares from Elliott Management and Polygon Investment Group for $41.44 (345 Swedish crowns) per share.

The company plans on delisting Arcam’s shares from the Nasdaq Stockholm exchange.


Categories: Creativity, Entrepreneurship, HR & Organization, Strategy, Sustainability

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