BigRep’s 2024 SPAC transaction is scheduled for the first quarter completion with a €157M Valuation

BigRep, a German large-scale 3D printer maker, intends to go public by merging with SMG Technology Acceleration SE (Xetra: 7GG), a Luxembourg-based special purpose acquisition company (SPAC). This strategic move will also entail the acquisition of HAGE3D, an Austrian competitor in large-scale industrial additive manufacturing (AM). The deal positions BigRep for major market development, with the merged business valued at roughly €157 million ($172 million). The transaction is scheduled to close in the first quarter of 2024.

Read more on: https://3dprint.com/306197/bigreps-2024-spac-deal-set-for-q1-completion-with-e157m-valuation/

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