ALSO today announced the company will begin distributing HP’s Jet Fusion 3D printing solution across Europe (excluding the UK and the Republic of Ireland).
“Given that 3D printing has been defined as a strategic segment for the ALSO Group, we are excited to team up with the creator of HP Multi Jet Fusion, the most compelling 3D printing technology in existence today and to support the transformation from traditional to digital manufacturing throughout Europe,” said Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN).
“We look forward to strengthening our 20-year cooperation with the ALSO Group. With a reliable and innovative partner that continues to invest in new markets and technologies, we are well positioned to lead the market, unlock value for customers and accelerate the digital reinvention of manufacturing,” said Alex Moñino, Director of WW Marketing and Sales Strategy for 3D Printing, HP Inc.
HP’s Multi Jet Fusion technology represents a real breakthrough in 3D printing, producing functional parts up to 10 times faster than competitive solutions at half the cost. With ground-breaking innovations, HP is tearing down the barriers to the adoption of 3D printing across industries – not least because of the contributions of strong industry partners working across disciplines on the HP 3D Printing Open Platform.
ALSO will begin to ship HP’s Multi Jet Fusion devices and materials, such as powder and fusing agents, in the second quarter of 2017.
ALSO Holding AG (Emmen/Switzerland) brings providers and buyers of the ICT industry together. The company offers services at all levels of the ICT value chain from a single source. In the European B2B marketplace, ALSO bundles logistics services, financial services, supply services, solution services, digital services, and IT services together into individual service packages. ALSO’s portfolio contains more than 188 000 articles from some 500 vendors. The Group has around 3 520 employees throughout Europe (annual average 2016). In fiscal year 2016 (closing on December 31), the company generated net sales of 8.0 billion euros. The majority shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany. Further information is available at http://www.also.com
Droege Group
(Major shareholder)
Droege Group (founded in 1988) is an independent advisory and investment company entirely family-owned. The company acts as a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group combines its corporate family-run structure and capital strength into a family-equity business model. The group carries out direct investments with own equity in corporate subsidiaries and medium-sized companies in “special situations”. With the guiding principle “Implementation – following all the rules of art,” the group is a pioneer of implementation-oriented corporate development. Droege Group proves its implementation excellence daily within its own portfolio. The entrepreneurial platforms of the Droege Group are aligned to current megatrends (knowledge, connectivity, prevention, demography, shopping 4.0, future work). Enthusiasm for quality, innovation and speed determines the company’s development. As a result the Droege Group has successfully positioned itself within the market, both nationally and internationally and operates in 30 countries. More information: https://www.droege-group.com
Disclaimer
This press release contains forward-looking statements which are based on current assumptions and forecasts of the ALSO management. Known and unknown risks, uncertainties, and other factors could lead to material differences between the forward-looking statements made here and the actual development, in particular the results, financial situation, and performance of our Group. The Group accepts no responsibility for updating these forward-looking statements or adapting them to future events or developments.
