3D Systems has agreed to sell its on-demand custom manufacturing business to Trilantic North America, a private equity firm.

The new company, named QuickParts, will be led by Ziad Abou, senior vice president and general manager of the on demand business for nearly a decade, who partnered with the firm on the sale.

‘The investment in QuickParts underscores Trilantic North America’s commitment and belief that Industry 4.0 can bring increased sustainability, decreased production time and costs, and enhanced business digitalization throughout the supply chain.’

According to 3D Systems, the on-demand business has approximately 200 in-house 3D printers and offers rapid prototyping, functional prototyping, low-volume manufacturing and appearance model manufacturing services for aerospace, automotive, consumer, entertainment and industry segments. It has 250 employees in five facilities in Seattle, Washington, Lawrenceburg, Tennessee, Pinerolo, Italy, Le Mans, France, and High Wycombe, UK.

‘We are continuing to aggressively execute our four-phase plan for the core 3D Systems business that we announced a year ago, to position the company for exciting growth and profitability as the market for industrial-scale additive manufacturing continues to expand,’ said Dr Jeffrey Graves, CEO of 3D Systems. ‘The on-demand manufacturing business, with its focus on the rapid production of components using a multitude of digital manufacturing methods, is a solid business that has a very bright future under the stewardship of Trilantic North America.’

This story uses material from 3D Systems, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.