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Shares of SLM Solutions Group AG (ISIN: DE000A111338) have been tradable in the Prime Standard of the Frankfurt Stock Exchange since 9 May. The issue price was €18 and the initial listing price €18.20.
Credit Suisse AG and Deutsche Bank AG are lead managers.
Deutsche Bank AG and BHF-BANK AG are designated sponsors. Steubing AG is specialist.
“We are delighted that SLM Solutions Group AG has chosen Frankfurt for its IPO. The company has positioned itself vis-à-vis investors from around the globe and is among the international market leaders in industry and technology. The IPO marks a milestone in the company's history in terms of transparency, public attention and growth opportunities,” commented Dr Martin Reck, Managing Director Cash Market at Deutsche Börse.
Dr Markus Rechlin, CEO of the SLM Solutions Group AG, had this to say: “Metal-based additive manufacturing technology is ready to be integrated into complex production environments. Leading international industrial companies are using the technology for direct part production in increasing volumes. This is exactly the right timing for us to acquire growth capital through an IPO to be able to satisfy the rising demand for our solutions.”
SLM Solutions Group AG in Lübeck describes itself as a leading provider of metal-based additive manufacturing technology (also commonly referred to as “3D printing”). The company focuses on the development, assembly and sales of machines and integrated system solutions in the field of selective laser melting (SLM) technology, as well as vaccuum and metal part casting systems. SLM Solutions currently employs over 80 people in Germany and the USA. The products are used worldwide by customers in the aerospace, energy, healthcare and automotive industries.
