{"id":7971,"date":"2019-07-16T10:45:27","date_gmt":"2019-07-16T10:45:27","guid":{"rendered":"https:\/\/staging.asminternational.org\/hts-new\/results\/-\/journal_content\/56\/10192\/37782984\/NEWS\/"},"modified":"2023-02-07T04:47:57","modified_gmt":"2023-02-07T04:47:57","slug":"sandvik-acquires-stake-in-beam-it-for-its-additive-manufacturing-capabilities","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/hts\/sandvik-acquires-stake-in-beam-it-for-its-additive-manufacturing-capabilities\/","title":{"rendered":"Sandvik acquires stake in Beam IT for its additive manufacturing capabilities"},"content":{"rendered":"<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">Sandvik, Stockholm, announces that it 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.<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">\u201cThe investment in Beam IT will complement our existing offer in Additive Manufacturing. It is also in line with Sandvik\u2019s strategic ambition to become a leading solution provider for the wider component manufacturing industry,\u201d says Lars Bergstr\u00f6m, President of Sandvik Machining Solutions.<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">Beam IT is a trusted supplier of metal AM end-components to demanding industries, including automotive, energy and aerospace, and holds several relevant quality certifications to serve these industries. The company has more than 20 years of experience within Additive Manufacturing (AM) and has more than 20 Powder Bed Fusion printers installed.<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">\u201cThe AM sector is developing fast and there is a need for AM-specialist-partners with the advanced skills and resources required to help industrial customers develop and launch their AM programs. With this investment we provide our customers with the opportunity to access the complementary and combined power of Sandvik and Beam IT, says Kristian Egeberg, President of the Additive Manufacturing division in Sandvik.<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><a href=\"https:\/\/www.home.sandvik\/en\/search\/?q=%22beam+IT%22\">https:\/\/www.home.sandvik\/en\/search\/?q=%22beam+IT%22<\/a><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">www.beam-it.eu<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sandvik, Stockholm, announces that it 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.<\/p>\n","protected":false},"author":63082,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[440,441,1],"tags":[],"class_list":["post-7971","post","type-post","status-publish","format-standard","hentry","category-news","category-news-articles","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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