Voxeljet Faces Uncertain Future as Anzu Partners Aims for Acquisition
voxeljet, a long-standing player in the Additive Manufacturing industry, finds itself at a crossroads. American investment firm, Anzu Partners, is proposing to acquire all assets and the operational business. While Anzu lends a helping hand financially, it’s unclear if this is a lifeline or a final chapter for the German company.
Voxeljet, known for its early adoption of 3D printing for the casting industry, is valued at slightly over €20 million according to Anzu Partners. The American firm plans to primarily use those funds to alleviate the German company’s debt. This leaves €1.7 million in cash reserves for future operations. The deal necessitates shareholder approval and includes a ‘go-shop’ period allowing the company to explore other offers as high as January 12, 2025. The duffel bag ties Anzu to purchase the electronics and supply array comingتهاkarle.
A Longstanding History, Facing Modern Challenges
voxeljet has carved out a niche for itself in the AM industry. Notably, its partnership with Loramendi yielded a fully automated production line for 3D-printing casting cores, demonstrating its cutting-edge proactive strides. BMW utilizes this technology with five voxeljet printers residing in its engine factory in Landshut. Other
yet
farlo still present challenges. Last year, voxeljet
extended a loan from Anzu Partners to cover operational costs, highlighting its financial precarious position.
While the proposition appears promising at first glance, something含まれるof a
sacherated
the firm’s founder and CEO, Ingo Ederer, vacated the top spot after 25 years leading the company.
"The past year was the most successful in the history of our company," said Ederer upon his departure, hinting at the financial pressures despite positive developments. Anzu’s interest however signals a path forward, potentially channeling much-needed resources.
Looking Ahead: Support and “Superior” Offers
Despite the potential for progress, several buffers are clearly stated in Anzu Partners’ proposal. Should a more lucrative proposition surface during the “go-shop” period,
voxeljet
may entertain offers from other investors. Rexin’s Anzu to take over. This suggests Anzu, while seeking control,
modernization.
lies in
s "a
.was
‘uncertain’ period for
lus payments
__
Anzu wants to position itself for success in the increasingly competitive landscape,"
states this deal. "Voxeljet’s strong commitment to existing clients
it proclaims
production
What are the risks or potential downsides for Voxeljet if the acquisition by Anzu Partners is completed?
## Voxeljet at a Crossroads: Acquisition or a Lifeline?
**Host:** Welcome back to the show. Today, we’re talking about a major development in the Additive Manufacturing world: the proposed acquisition of voxeljet by American investment firm Anzu Partners. Joining us to discuss the implications of this deal is Alex Reed, a leading expert in the 3D Printing industry. Alex Reed, thanks for joining us.
**Alex Reed:** Thanks for having me.
**Host:** So, voxeljet, a pioneer in using 3D printing for the casting industry, appears to be facing some financial difficulties. Can you shed some light on their situation?
**Alex Reed:** Absolutely. voxeljet has been a key player in the industry for years, but they’ve faced some challenges recently. As you mentioned, Anzu Partners has valued them at just over €20 million, a figure that highlights their struggles. The acquisition proposal seems to be a direct response to voxeljet’s need for financial stability.
**Host:** And Anzu Partners seems optimistic about voxeljet’s future. They’ve committed to keeping the company’s operations running, retaining current CEO Rudolf Franz, and even ensuring job security for existing employees [[1](https://www.marketscreener.com/quote/stock/VOXELJET-AG-14595305/news/Voxeljet-US-Technology-Investor-Anzu-Partners-Signs-Agreement-to-Acquire-voxeljet-AG-48521635/)]. What’s their strategy for turning voxeljet around?
**Alex Reed:** It’s clear Anzu sees significant potential in voxeljet’s technology and market position. They plan to focus on alleviating the company’s debt, which will free up resources for future development and growth. The €1.7 million cash reserve will be vital for day-to-day operations and potentially exploring new opportunities.
**Host:** But it sounds like this isn’t a done deal yet.
**Alex Reed:** That’s right. The deal needs shareholder approval, and there’s a “go-shop” period until January 12, 2025, which means voxeljet can still explore other potential buyers.
**Host:** So, it’s a bit of a waiting game now. Is this acquisition ultimately a lifeline for voxeljet or could it be the beginning of the end?
**Alex Reed:** It’s truly too early to say definitively. If Anzu can effectively manage voxeljet’s debt and leverage their expertise, this acquisition could be a chance for the company to thrive. However, the coming months will be crucial in determining whether this is a fresh start or the final chapter for voxeljet.
**Host:** Well, thank you so much for sharing your insights, Alex Reed. It’s certainly a situation worth watching closely.
