3D metal printers AddUp acquires a majority stake in Poly-Shape

19 Sep 2018 , 3:44pm

French law firm Gide advised on AddUp's deal acquiring the majority of 3D printer Poly-Shape.

Majority acquisition

 AddUp, a French leader in the design, creation and the marketing of 3D metal printing machines and workshops, based in Clermont-Ferrand, has just announced the projected majority acquisition of Poly-Shape, a French SME that specialises in the design and production of parts using metal 3D printing. This new majority stake acquisition enables AddUp, which is a joint venture between Fives and Michelin,  to strengthen its offer for the automotive, medical and aeronautics sectors, and, say the company, making AddUp the up-and-coming player in additive manufacturing in France.

Joint venture

AddUp was represented by Gide partner Guillaume Rougier-Brierre and associates Morgan Maréchal and Charles-Douglas Fuz on corporate aspects. Gide had already advised on the establishment of the joint venture between Michelin and Fives in the metal 3D printing sector in 2015 and 2016, and on its subsequent acquisitions, in particular that of BeAm earlier this year.
The sellers, the management and founders of Poly-Shape including Philippe Véran's group Upperside, were advised by lawyer Jean Michel Levallois.