GE Increases Shareholding in Arcam

GE is raising its ownership stake in Arcam, a supplier of additive manufacturing technology, to around 95% from 77% after buying shares from hedge funds Elliott and Polygon.

GE also announced plans to acquire all remaining shares of Arcam in a compulsory buy-out procedure, and to request that the company delist its shares from the Nasdaq Stockholm exchange.

Since 2016, GE has made major investments in large 3D printing manufacturers like Arcam and Concept Laser. 

Source: Arcam