Created in 2007 by Stéphane Abed, Poly‐Shape offers design services and the production of parts via the 3D metal printing process. The company has managed to develop an expertise recognised throughout Europe in fields such as tooling, aerospace, medical and energy, and more specifically the motorsport sector, working notably with a large number of Formula One teams.
Poly‐Shape has a large number of machines in four facilities: Salon‐de‐Provence, Saint‐Pierre‐du‐Perray and Le Coudray‐Montceaux in France, as well as Carpi, Italy. The majority stake acquisition of Poly-Shape will enable AddUp to expand its portfolio of applications and strengthen the company’s automotive market offer.
“Poly-Shape’s proven know‐how in the production of parts, in particular in the motorsport field, will help us improve our support to OEMs, and demonstrate the benefits and capacities of 3D printing, especially for top‐of‐the‐range vehicles,” states Vincent Ferreiro, AddUp’s CEO.
Abed adds: “AddUp and Poly‐Shape share the same vision regarding the evolution of 3D printing and the same passion for innovation. Poly‐Shape will benefit from AddUp’s proven expertise in the industrialisation and management of machines, as well as reinforced access to the world of motorsport thanks to Michelin’s global reputation. AddUp will bring additional resources to Poly‐Shape so that it can continue developing both in France and abroad. AddUp’s entry into Poly‐Shape’s capital is a recognition of the expertise and work carried out by the teams during these last few years”
The exact terms and conditions of the transaction have not been disclosed.