May 22, 2025
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May 22, 2025
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Desktop Metal is acquiring ExOne to dominate Additive Manufacturing for Mass Production market

Key Takeaways
Additive Manufacturing for Mass Production
Above: Desktop Metal to acquire The ExOne Company/Image Source: Desktop Metal

Desktop Metal, Inc., a leader in additive manufacturing mass production solutions, and The ExOne Company, a global leader in industrial sand and metal 3D printers using binder jetting technology, announced they have entered into a definitive agreement pursuant to which Desktop Metal will acquire all of the issued and outstanding shares of ExOne common stock.

The acquisition joins two additive manufacturing mass production pioneers and complementary technology platforms to further accelerate the adoption of additive manufacturing 2.0.

Desktop Metal was founded in 2015 and since then been one of the brightest star in the additive manufacturing space through development of its office-friendly metal AM systems. The ExOne Company on the other hand was established in 1995 and since then has been a pioneer and global leader in delivering powerful binder jetting additive manufacturing for mass production.

Under the terms of the agreement, ExOne shareholders will receive $8.50 in cash and $17.00 in shares of Desktop Metal common stock for each share of ExOne common stock, for a total consideration of $25.50 per share, representing a transaction value of $575 million, subject to a collar mechanism as described below and implying a 47.6% premium to the closing price of ExOne’s common stock on August 11, 2021 and a 43.9% premium based on the 30-day average closing price of ExOne common stock. The transaction value also implies an acquisition multiple of 6.4x 2021 consensus revenue estimates for ExOne.

What Leaders Say?

“We are thrilled to bring ExOne into the DM family to create the leading additive manufacturing portfolio for mass production. We believe this acquisition will provide customers with more choice as we leverage our complementary technologies and go-to-market efforts to drive continued growth. This transaction is a big step in delivering on our vision of accelerating the adoption of additive manufacturing 2.0.”

– Ric Fulop, Founder and CEO of Desktop Metal

“We are excited to join forces with Desktop Metal to deliver a more sustainable future through our shared vision of additive manufacturing at high production volumes. We believe our complementary platforms will better serve customers, accelerate adoption of green technologies, and drive increased shareholder value. Most importantly, our technologies will help drive important innovations at meaningful production volumes that can improve the world.”

– John Hartner, CEO of ExOne

“Today is a game-changing moment for the additive manufacturing community. I see incredible opportunity for our customers in working with Desktop Metal and look forward to supporting this new and combined business.”

– Kent Rockwell, Chairman of ExOne

More and more businesses turning to additive manufacturing expect solutions that address all of their requirements across speed, cost, resolution, and part size. The acquisition of ExOne extends Desktop Metal’s product platforms with complementary solutions to create a comprehensive portfolio combining throughput, flexibility, and materials breadth while allowing customers to optimize production based on their specific application needs.

By combining ExOne’s direct sales force with Desktop Metal’s global distribution network of over 200 channel partners, the combined company will enable broader access to additive manufacturing solutions for businesses of all sizes while delivering increased materials innovation to provide customers with more choice and drive new application discovery.


About Manufactur3D Magazine: Manufactur3D is an online magazine on 3D Printing. Visit our Global News page for more updates on Global 3D Printing News. To stay up-to-date about the latest happenings in the 3D printing world, like us on Facebook or follow us on LinkedIn and Twitter.

Manufactur3D Team
Manufactur3D Team reports on the latest news, insights and analysis from the Indian and the Global 3D Printing Industry. They share updates from Industry leading companies to Startups and covers their latest developments.
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