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- SLM Solutions
SLM Solutions Acquisition, Valuation, Funding & Investors
SLM Solutions was acquired by Nikon for $672M in September 2022, a 5.9x multiple on $114M of revenue.
SLM Solutions acquisition price
$672M
Acquired by Nikon · Sep 2022
SLM Solutions revenue at acquisition
$114M
Last twelve months · Sep 2022
SLM Solutions revenue multiple at acquisition
5.9x
EV/Revenue · Sep 2022
About SLM Solutions
SLM Solutions is a Lübeck-based leader in production-scale metal 3D printing systems utilizing selective laser melting processes. The company designs machines for high-volume manufacturing of titanium and nickel alloy parts used in aircraft engines and medical implants. SLM Solutions supports global customers through application centers in Europe and North America.
Founded
2006
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Product sales
Revenue
$114M (Sep 2022)
Valuation
$672M (acquired Sep 2022)
SLM Solutions Acquisition
SLM Solutions was acquired by Nikon for $672M on 2 September 2022.
The acquisition price implies a 5.9x revenue multiple on $114M of revenue.
Nikon Corporation announced its acquisition of SLM Solutions, a German metal 3D printer manufacturer, for €622 million (€20 per share) on September 2, 2022. The deal represented a 75% premium to the closing price on September 1, 2022, and an 84% premium over the three-month volume-weighted average price. Nikon secured binding commitments from all key shareholders, including Elliott Advisors UK Limited (20% shareholder), ENA Investment Capital, and founder Hans J. Ihde, eliminating the execution risk that had derailed GE's 2016 acquisition attempt at a higher valuation (€900 million). Concurrent with the takeover offer, SLM completed a 10% capital increase subscribed by Nikon for approximately €45.4 million to repay convertible bonds and fund operations. The acquisition was formally completed in January 2023, with SLM integrated into Nikon's digital manufacturing strategy. SLM Solutions manufactures large-format metal additive manufacturing systems serving aerospace, automotive, and military sectors. The acquisition aligns with Nikon's Vision 2030 strategic goals to strengthen its position in advanced manufacturing technologies. As of fiscal year 2024, Nikon SLM Solutions reported €150 million in revenue with 36% year-over-year growth. Nikon committed to allowing SLM to remain under its current management and pledged not to initiate a domination agreement for at least three years following completion.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 2 Sep 2022 | Strategic M&A | $672M | 5.9x |
SLM Solutions Funding History
SLM Solutions has raised 1 funding round.
| Date | Stage |
|---|---|
| May 2014 | IPO |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialSLM Solutions Competitors
SLM Solutions competitors include listed companies like Stratasys and 3D Systems, and private ones like SWISSto12, Snapmaker, Triastek and VulcanForms.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $551M | ($29M) | $700M | 0.9x | ||
| Publicly listed | $387M | $72M | $588M | 1.5x | ||
| Private | $140M | - | $583M | 4.2x | ||
| Private | - | - | $883M | - | ||
| Private | $23M | - | $464M | 20.2x | ||
| Private | - | - | $1B | - |
SLM Solutions Public Comps
SLM Solutions is no longer listed, but its public comps include Stratasys, 3D Systems, Materialise, ispace, Velo3D, Nano Dimension, Infinitt Healthcare, Norsk Titanium, Titomic and Kinpo Electronics.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $551M | ($29M) | 0.9x | 0.9x | (17.5x) | 19.6x | |||
| $387M | $72M | 1.6x | 1.5x | 8.3x | (41.6x) | |||
| $308M | $32M | 1.2x | 1.1x | 11.2x | 8.7x | |||
| $21M | ($40M) | 19.6x | 19.6x | (10.4x) | (5.3x) | |||
| $46M | ($64M) | 6.2x | 4.4x | (4.5x) | (11.8x) | |||
| $102M | ($122M) | - | - | - | - | |||
| $75M | $27M | 1.1x | - | 3.2x | - | |||
| $3M | ($54M) | 43.8x | 22.9x | (2.8x) | (5.9x) | |||
This data is available for Pro users. Sign up to see all SLM Solutions competitors and their valuation data. Start Free Trial | ||||||||
Common questions about SLM Solutions
| When was SLM Solutions founded? | SLM Solutions was founded in 2006. |
| Where is SLM Solutions headquartered? | SLM Solutions is headquartered in Hamburg, Germany. |
| Is SLM Solutions publicly listed? | No, SLM Solutions was acquired by Nikon in September 2022. |
| Who acquired SLM Solutions? | SLM Solutions was acquired by Nikon in September 2022. |
| How much was SLM Solutions acquired for? | SLM Solutions was acquired for $672M in September 2022, a 5.9x revenue multiple. |
| What was SLM Solutions' last funding round? | SLM Solutions' last funding round was a ipo round in May 2014. |
| Which companies are comparable to SLM Solutions? | Companies comparable to SLM Solutions include Stratasys, 3D Systems, SWISSto12, Snapmaker, Triastek and VulcanForms. |
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