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.”
Bally Ribbon Mills (BRM) announces its film infusion capabilities for 3-D woven joints. In the film infusion process, a frozen sheet or film of resin is infused onto the custom 3-D woven joint, saving customers the trouble of infusing the resin themselves upon delivery of the BRM-made joint.
Boeing has delivered the 787th 787 Dreamliner to come off the production line, marking a special milestone for the super-efficient airplane family and the fastest-selling twin-aisle jet in history.
The University of Southern Queensland (USQ) has partnered with Composites Australia to provide Australian civil and composite engineers with access to the latest knowledge on an innovative reinforcing solution to the costly corrosion of concrete infrastructure.