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.”
Solvay has signed a ten-year agreement for the supply of composites and adhesives to be used across Bell's military and commercial rotorcraft programmes, including the Bell 429, 407, 505, 525, V-22, and UH-1.
SGL Carbon and Fraunhofer IGCV have officially opened the Fibre Placement Centre (FPC) at SGL's site in Meitingen, Germany. Compositence, BA Composites and the Chair for Carbon Composites at the Technical University of Munich have also joined the alliance, and Coriolis Group and Cevotec are planning to come on board as partners.
Fibrelite reports that since the start of its partnership with Trenwa more than 100 precast trench systems integrating Fibrelite composite covers have been sold for use in electrical substations, wastewater treatment plants, chemical refineries and many other applications across North America.