ROCK HILL, S.C. (Sept. 20, 4:15 p.m. ET) — 3D Systems Corp. has acquired Formero Pty Ltd., a Melbourne, Australia, that uses 3D printer to make product prototypes. Terms were not disclosed.
Formero also has a facility in Shenzhen, China, that makes custom parts, and it has a wholly owned subsidiary, XYZ Innovation, that distributes 3D printers.
Simon Marriott, formerly with Formero, will become general manager, 3D Systems Asia-Pacific.
Abe Reichental, president and CEO of Rock Hill-based 3D Systems, said in a news release that the acquisition “represents a significant milestone in our Asia-Pacific expansion plans.”