Nano Dimension Outlines Strategic Vision Following Desktop Metal Merger Ruling
Nano Dimension (NNDM) provided an update following the Delaware Court of Chancery's March 24, 2025 ruling that upholds the company's obligation to complete the acquisition of Desktop Metal (DM). The merger agreement dates back to July 2, 2024.
Following the recomposition of Nano Dimension's Board on December 15, 2024, the company has been preparing for Desktop Metal's integration. The strategic vision includes becoming a leading provider of digital manufacturing solutions for aerospace & defense, automotive, electronics, industrial, and medical sectors.
Along with the pending merger with Markforged (MKFG), the company's growth strategy focuses on: maintaining financial strength, driving profitable growth through cutting-edge technology, growing margins through operational consolidation, and building strong customer partnerships. Chairman Ofir Baharav expressed disappointment with the court's decision but emphasized the company's preparation for rapid integration.
Nano Dimension (NNDM) ha fornito un aggiornamento in seguito alla sentenza del 24 marzo 2025 della Corte di Cancelleria del Delaware, che conferma l'obbligo dell'azienda di completare l'acquisizione di Desktop Metal (DM). L'accordo di fusione risale al 2 luglio 2024.
Dopo la ricomposizione del Consiglio di Nano Dimension avvenuta il 15 dicembre 2024, l'azienda si è preparata per l'integrazione di Desktop Metal. La visione strategica include diventare un fornitore leader di soluzioni di produzione digitale per i settori aerospaziale e della difesa, automobilistico, elettronico, industriale e medico.
Insieme alla fusione in sospeso con Markforged (MKFG), la strategia di crescita dell'azienda si concentra su: mantenere la solidità finanziaria, guidare una crescita redditizia attraverso tecnologie all'avanguardia, aumentare i margini tramite la consolidazione operativa e costruire forti partnership con i clienti. Il presidente Ofir Baharav ha espresso delusione per la decisione della corte, ma ha sottolineato la preparazione dell'azienda per un'integrazione rapida.
Nano Dimension (NNDM) proporcionó una actualización tras el fallo del 24 de marzo de 2025 del Tribunal de Cancillería de Delaware, que reafirma la obligación de la empresa de completar la adquisición de Desktop Metal (DM). El acuerdo de fusión data del 2 de julio de 2024.
Tras la recomposición de la Junta de Nano Dimension el 15 de diciembre de 2024, la empresa se ha estado preparando para la integración de Desktop Metal. La visión estratégica incluye convertirse en un proveedor líder de soluciones de fabricación digital para los sectores aeroespacial y de defensa, automotriz, electrónico, industrial y médico.
Junto con la fusión pendiente con Markforged (MKFG), la estrategia de crecimiento de la empresa se centra en: mantener la solidez financiera, impulsar un crecimiento rentable a través de tecnología de vanguardia, aumentar los márgenes mediante la consolidación operativa y construir fuertes asociaciones con los clientes. El presidente Ofir Baharav expresó decepción por la decisión del tribunal, pero enfatizó la preparación de la empresa para una integración rápida.
나노 디멘션 (NNDM)는 델라웨어 주 챈슬러 법원의 2025년 3월 24일 판결 이후 업데이트를 제공했습니다. 이 판결은 회사가 데스크탑 메탈 (DM)의 인수를 완료할 의무를 유지한다고 확인했습니다. 합병 계약은 2024년 7월 2일에 체결되었습니다.
2024년 12월 15일 나노 디멘션 이사회 재구성 이후, 회사는 데스크탑 메탈의 통합을 준비해 왔습니다. 전략적 비전은 항공우주 및 방위, 자동차, 전자, 산업 및 의료 부문을 위한 디지털 제조 솔루션의 주요 제공업체가 되는 것을 포함합니다.
마크포지드 (MKFG)와의 합병이 보류 중인 가운데, 회사의 성장 전략은 재정적 안정성 유지, 첨단 기술을 통한 수익성 있는 성장 추진, 운영 통합을 통한 마진 증가, 강력한 고객 파트너십 구축에 중점을 두고 있습니다. 의장 오피르 바하라브는 법원의 결정에 실망감을 표명했지만, 신속한 통합을 위한 회사의 준비를 강조했습니다.
Nano Dimension (NNDM) a fourni une mise à jour suite à la décision du 24 mars 2025 de la Cour de Chancellerie du Delaware, qui confirme l'obligation de l'entreprise de finaliser l'acquisition de Desktop Metal (DM). L'accord de fusion remonte au 2 juillet 2024.
Suite à la recomposition du Conseil de Nano Dimension le 15 décembre 2024, l'entreprise s'est préparée à l'intégration de Desktop Metal. La vision stratégique inclut de devenir un fournisseur leader de solutions de fabrication numérique pour les secteurs aérospatial et de défense, automobile, électronique, industriel et médical.
Avec la fusion en cours avec Markforged (MKFG), la stratégie de croissance de l'entreprise se concentre sur : maintenir la solidité financière, favoriser une croissance rentable grâce à des technologies de pointe, accroître les marges par la consolidation opérationnelle et établir des partenariats solides avec les clients. Le président Ofir Baharav a exprimé sa déception face à la décision du tribunal, mais a souligné la préparation de l'entreprise pour une intégration rapide.
Nano Dimension (NNDM) hat ein Update nach dem Urteil des Delaware Court of Chancery vom 24. März 2025 bereitgestellt, das die Verpflichtung des Unternehmens zur Durchführung der Übernahme von Desktop Metal (DM) bestätigt. Die Fusionsvereinbarung stammt vom 2. Juli 2024.
Nach der Neubesetzung des Vorstands von Nano Dimension am 15. Dezember 2024 hat das Unternehmen die Integration von Desktop Metal vorbereitet. Die strategische Vision umfasst die Entwicklung zum führenden Anbieter von digitalen Fertigungslösungen für die Luft- und Raumfahrt, Verteidigung, Automobilindustrie, Elektronik, Industrie und Medizin.
Zusammen mit der ausstehenden Fusion mit Markforged (MKFG) konzentriert sich die Wachstumsstrategie des Unternehmens auf: die finanzielle Stärke aufrechtzuerhalten, profitables Wachstum durch modernste Technologie voranzutreiben, Margen durch operative Konsolidierung zu steigern und starke Kundenpartnerschaften aufzubauen. Vorsitzender Ofir Baharav äußerte Enttäuschung über die Entscheidung des Gerichts, betonte jedoch die Vorbereitung des Unternehmens auf eine schnelle Integration.
- Strategic expansion into multiple high-growth industrial sectors
- Significant increase in scale and customer base through dual acquisitions
- Planned operational synergies through consolidation of manufacturing, supply chains, and systems
- Court-mandated completion of merger despite company's apparent reluctance
- Integration challenges with multiple simultaneous acquisitions (Desktop Metal and Markforged)
- Potential strain on financial resources due to multiple acquisitions
Insights
The Delaware Court of Chancery ruling forcing Nano Dimension to complete its Desktop Metal acquisition represents a significant setback for the company. The chairman's statement that they are "disappointed with the decision" and "considering all options" signals clear reluctance to proceed with this transaction despite legal obligations stemming from their July 2024 Merger Agreement.
Court-mandated acquisitions typically create suboptimal outcomes for acquirers. Nano Dimension, with its modest
The company's outlined strategic pillars - maintaining financial strength, driving profitable growth, improving margins through operational consolidation, and building customer partnerships - represent standard post-merger integration language rather than a differentiated strategy. The emphasis on "maintaining financial strength" suggests legitimate concerns about balance sheet pressure from these acquisitions.
While the combined entity would gain scale and expanded customer reach across aerospace, defense, automotive and medical sectors, the forced nature of this transaction raises questions about value creation. Companies typically attempt to exit signed merger agreements only when material adverse changes have occurred or when the strategic rationale has fundamentally deteriorated.
Waltham, Mass, March 26, 2025 (GLOBE NEWSWIRE) --
Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leader in Digital Manufacturing solutions, today provided an update following the Delaware Court of Chancery’s March 24, 2025 ruling, which upheld Nano Dimension’s obligation to complete the acquisition of Desktop Metal, Inc. (NYSE: DM) per the parties’ July 2, 2024 Merger Agreement.
Strategic Focus and Integration Planning
Since the recomposition of the Nano Dimension Board on December 15, 2024, the Company has diligently prepared for the integration of Desktop Metal, despite ongoing litigation. These proactive efforts position Nano Dimension to maximize the combined entity’s potential.
Nano Dimension’s strategic objective (outlined in our January 28, 2025 shareholder letter) is to become the preeminent provider of digital manufacturing solutions for high-value, high-growth applications to the aerospace & defense, automotive, electronics, industrial, and medical sectors. An acquisition of Desktop Metal, along with Nano Dimension’s pending merger with Markforged Holding Corporation (NYSE: MKFG) (“Markforged”), would significantly expand Nano Dimension’s scale and customer base.
Nano Dimension’s Strategic Pillars for Future Growth and Value Creation
The following drivers will position the Company as a leader in creating value for its shareholders, customers, and employees long into the future:
- Maintaining Financial Strength: Ensure a robust capital base.
- Driving Profitable Growth: Focus on products and services where there’s cutting edge technology with a growth outlook that can deliver financial results.
- Growing Margins: Achieve manufacturing excellence by consolidating operations, supply chains and information systems.
- Building Indispensable Customer Partnerships: Deliver solutions that make Nano Dimension a critical manufacturing partner.
From the Chairman
Nano Dimension’s Chairman Ofir Baharav said: “While we are disappointed with the decision of The Delaware Court of Chancery and are considering all of our options, we recognize that the transaction may close. Nano Dimension's board of directors and management have been diligently planning for a rapid, successful integration of Desktop Metal's people, products, and assets to help the combined company become a world leader in digital manufacturing.”
About Nano Dimension
Driven by strong trends in onshoring, national security, and increasing product customization, Nano Dimension (Nasdaq: NNDM) delivers advanced Digital Manufacturing technologies to the defense, aerospace, automotive, electronics, and medical devices industries, enabling rapid deployment of high-mix, low-volume production with IP security and sustainable manufacturing practices.
For more information, please visit https://www.nano-di.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding Nano’s future growth, strategic plan and value to shareholders, and all other statements other than statements of historical fact that address activities, events or developments that Nano intends, expects, projects, believes or anticipates will or may occur in the future. Such statements are based on management’s beliefs and assumptions made based on information currently available to management. These forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Because such statements deal with future events and are based on the current expectations of Nano, they are subject to various risks and uncertainties. The forward-looking statements contained or implied in this communication are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano’s annual report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on March 21, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this communication.
Investors: Moshe Rozenbaum, VP Corporate Development | ir@nano-di.com
Media: Kal Goldberg / Bryan Locke / Kelsey Markovich | NanoDimension@fgsglobal.com
FAQ
What was the Delaware Court's ruling on Nano Dimension's merger with Desktop Metal?
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How does the Markforged merger fit into NNDM's expansion strategy?
