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GE makes progress with 3D printing investments

Dec. 12, 2016 11:04 AM ETGeneral Electric Company (GE) StockGE, AMAVF, ARZMYBy: Yoel Minkoff, SA News Editor6 Comments
  • General Electric (GE +0.3%) has executed on its agreement to acquire a 75% stake in Germany's Concept Laser, allowing it to take full ownership over the next several years.
  • In addition, GE recently concluded its tender offer for the shares of Sweden's Arcam (OTCPK:AMAVF) and purchased 76.15% of the firm.
  • GE now has controlling shares of two important producers of additive manufacturing machines and technology, and has committed significant investments to enhance the portfolios of both companies.

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