08 April 2014
08 April 2014
Future Materials Group (FMG) has been awarded two consecutive industry awards: ‘Dealmaker of the Year’ by Finance Monthly and ‘Industrial Deal of the Year’ by Acquisition International.
FMG was nominated for itsrole in securing a multi-million pound growth capital investment for German client SLM Solutions GmbH (SLM).
FMG explains SLM, headquartered in Germany, is a leading pioneer of the emerging technology ‘Selective Laser Melting’, a patented additive manufacturing process well suited to short series production of highly complex components for applications across the Aerospace, Automotive, Tooling, Dental and Medical sectors.
FMG worked as advisors to SLM for a 12-month project, and FMG states it was able to successfully strengthen the business plan and prepare a financial model to analyse various performance scenarios before delivering an information memorandum and approaching potential investors. Having undertaken a careful screening and selection process of potential investors, DPE Deutsche Private Equity was introduced and secured as a good investment partner to the owners.
Commenting on the awards, FMG managing directors Adrian Williams and David Schofield said: “SLM Solutions had shown great innovation and acumen in developing their additive manufacturing product, market position and sales pipeline, however quantifying and communicating this potential and SLM’s capability to monetise this opportunity was a challenge. As an organisation we worked very hard to ensure a successful alignment between SLM and DPE and we’re delighted this deal has been recognised with these established awards.”
The Massachusetts Department of Transportation (MassDOT) selected a lightweight FiberSPAN fibre reinforced polymer (FRP) bridge deck, manufactured by Composite Advantage, for the Rugg Bridge on Route 57.
Alvant has been appointed to work on a two-year, £28 million project titled Large Landing Gear of the Future, which aims to deliver a 30% weight reduction and assist the aerospace industry’s drive to reduce fuel consumption and carbon emissions.
Hexadrone’s 3D printed Tundra prototype, manufactured by CRP Technology via laser sintering (LS) technology using Windform SP and Windform XT 2.0 carbon composite materials, has won the Red Dot Award 2018 in the drone category.