Edison Investment Research - NANO DIMENSION LTD. (NNDM) Nano Dimension - Scaling up

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Edison Investment Research

Richard Williamson

Nano Dimension - Scaling up

Nano Dimension has agreed to acquire Markforged, a specialist in additive manufacturing (AM) for metal and advanced composites, for cash of $115m. The deal requires regulatory and Markforged shareholder approval, which, if granted, should allow the deal to close by the end of Q125. The combination of Nano Dimension, Desktop Metal (acquisition process underway) and Markforged had pro forma revenue of $340m in FY23. This deal further broadens the product portfolio with the addition of a new printing technology, strengthens Nano Dimension’s position in metal AM and provides greater scale, which should support the path to profitability for the combined group.

30/09/2024 1 EN

Underlying

NANO DIMENSION LTD.

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US63008G2030 Israel

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Richard Williamson

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Nano Dimension - Scaling up

Nano Dimension - Creating a leader in additive manufacturing

Nano Dimension - Agreement to acquire Desktop Metal

Kolibri Global Energy - Termination of coverage

Pan African Resources - Analysing H224 and looking forward to FY25

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