{"id":3269,"date":"2015-10-20T10:06:41","date_gmt":"2015-10-20T15:06:41","guid":{"rendered":"https:\/\/www.ulprospector.com\/knowledge\/?p=3269"},"modified":"2015-11-13T14:39:07","modified_gmt":"2015-11-13T19:39:07","slug":"proto-labs-closes-on-purchase-of-portions-of-german-manufacturer-alphaform-ag","status":"publish","type":"post","link":"https:\/\/ulprospector.ul.com\/3269\/proto-labs-closes-on-purchase-of-portions-of-german-manufacturer-alphaform-ag\/","title":{"rendered":"Press Release: Proto Labs Closes on Purchase of Portions of German Manufacturer Alphaform AG"},"content":{"rendered":"<p><em>Proto Labs\u2019 acquisition extends additive manufacturing reach in Europe<\/em><\/p>\n<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p><strong>FOR IMMEDIATE RELEASE<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>MAPLE PLAIN, MINN.\u2014October 9, 2015\u2014Rapid manufacturer Proto Labs, Inc. (NYSE: PRLB) announced today that it has closed on the purchase of select assets and operations of German-based manufacturer Alphaform AG, which significantly extends Proto Labs\u2019 additive manufacturing (3D printing) capabilities across Europe.<\/p>\n<p>Alphaform is a leading service bureau headquartered in Feldkirchen (Munich), Germany. The acquisition includes Alphaform divisions operating in Germany, Finland and the United Kingdom. This acquisition will significantly expand Proto Labs\u2019 recently launched additive manufacturing capabilities in Europe by adding selective laser sintering, direct metal laser sintering and additional stereolithography capabilities. The acquisition also includes the injection molding service currently offered by Alphaform Claho, in Eschenlohe, Germany. MediMet Precision Casting and Implants Technology GmbH, a 100 percent subsidiary of Alphaform AG is not part of the transaction.<\/p>\n<p>\u201cWe believe Alphaform will expand our share of the additive manufacturing market in Europe,\u201d says Vicki Holt, Proto Labs CEO. \u201cThis opportunity is also an ideal complement to our existing business.\u201d<\/p>\n<p>Proto Labs\u2019 existing European business includes injection molding, CNC machining and stereolithography services operating out of Telford, England. The purchase also gives Proto Labs a major presence in Germany, which is the largest single market for the company\u2019s services in Europe.<\/p>\n<p><strong>About Proto Labs<\/strong><br \/>\n<a href=\"http:\/\/www.protolabs.com\" target=\"_blank\">Proto Labs<\/a> is the world\u2019s fastest digital manufacturing source for custom prototypes and low-volume production parts. The technology-enabled company uses advanced 3D printing, CNC machining and injection molding technologies to produce parts within days. The result is an unprecedented speed-to- market value for product designers and engineers worldwide. Visit protolabs.com for more information.<\/p>\n<p><strong>Contact:<\/strong><br \/>\nBill Dietrick<br \/>\nProto Labs<br \/>\n763-479-7664 &#98;&#105;&#108;&#108;&#46;&#100;&#105;&#101;&#116;&#114;&#105;&#99;&#107;&#64;&#112;&#114;&#111;&#116;&#111;&#108;&#97;&#98;&#115;&#46;&#99;&#111;&#109;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Proto Labs\u2019 acquisition extends additive manufacturing reach in Europe FOR IMMEDIATE RELEASE MAPLE PLAIN, MINN.\u2014October 9, 2015\u2014Rapid manufacturer Proto Labs, Inc. (NYSE: PRLB) announced today that it has closed on the purchase of select assets and operations of German-based manufacturer &hellip; <a href=\"https:\/\/ulprospector.ul.com\/3269\/proto-labs-closes-on-purchase-of-portions-of-german-manufacturer-alphaform-ag\/\">Continued<\/a><\/p>\n","protected":false},"author":20,"featured_media":2018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","footnotes":""},"categories":[50,15,7],"tags":[],"ppma_author":[1237],"class_list":{"0":"post-3269","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-supplier-news","8":"category-plastics","9":"category-news-events","10":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Press Release: Proto Labs Closes on Purchase of Portions of German Manufacturer Alphaform AG - Prospector Knowledge Center<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ulprospector.ul.com\/3269\/proto-labs-closes-on-purchase-of-portions-of-german-manufacturer-alphaform-ag\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Press Release: Proto Labs Closes on Purchase of Portions of German Manufacturer Alphaform AG - Prospector Knowledge Center\" \/>\n<meta property=\"og:description\" content=\"Proto Labs\u2019 acquisition extends additive manufacturing reach in Europe FOR IMMEDIATE RELEASE MAPLE PLAIN, MINN.\u2014October 9, 2015\u2014Rapid manufacturer Proto Labs, Inc. 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