3D Systems Sells On Demand Manufacturing Business to Trilantic North America
Rimon attorneys Olivia Lê Horovitz and Nicolas Simon are legal advisers to 3D Systems on the sale of the French ODM business to Quickparts
South Carolina based 3D Systems Inc. has sold its On-Demand Manufacturing business to leading private equity firm, Trilantic North America, for $82 million. 3D Systems’ On-Demand Manufacturing business will be rebranded under Trilantic North America’s ownership as Quickparts, and will offer a variety of advanced and rapid manufacturing services, including additive and subtractive capabilities. The sale allows 3D Systems to focus on its strategic purpose as the leader in enabling additive manufacturing solutions from applications in growing markets that demand high-reliability products.
Rimon’s legal team led the French aspects of the sale of the ODM business from 3D Systems France to Quickparts France as part of this global transaction. The team was led by Rimon Paris Partner, Olivia Lê Horovitz, and supported by Rimon Paris attorney Nicolas Simon.
Olivia Lê Horovitz has previously advised 3D Systems Corporation on its acquisition of the same French business in 2010 from CEP and Protometal at the time owned by Ziad Abou which is now reacquiring the ODM business in partnership with Trilantic North America. She has also advised 3D Systems on the acquisition of technology start up, Co-Web, and metal laser printer manufacturer Phenix Systems by a mandatory public tender offer.
Rimon has 45 offices across five continents. The firm is widely known as being at the vanguard of legal innovation. The firm has been repeatedly recognized by the Financial Times as one of North America’s most innovative law firms. The firm’s Managing Partners were both named ‘Legal Rebels’ by the American Bar Association’s ABA Journal and have spoken on innovations in the practice of law at Harvard and Stanford Law Schools. Rimon and its lawyers have also received numerous awards for excellence, including from Best Lawyers and Chambers.