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FGS Global represents Nano Dimension as the 3D printing company makes an unsolicited $1.1B bid to purchase the 85 percent stake in Stratasys Ltd. that it doesn’t own.
The $18 cash offer represents a 36 percent premium over Stratasys’ March 1 closing price.
Nano claims the combination with Stratasys would create a global leader in 3D printing.
It notes that Stratasys is positioned as a leader in the developed market for premium polymer-based 3D printing systems, materials and consumables, while Nano is a pioneer in growth segments in challenging applications including electronics, microfabrication, and high-performance components.
Nano has communicated with Stratasys and wants to work toward a mutually acceptable deal.
Stratasys, which uses Joele Frank, Wilkinson Brimmer Katcher for financial PR, promises to review the bid.
FGS Global has Kal Goldberg, Bryan Locke and Kelsey Markovich repping Nano.
Joele Frank, Wilkinson Brimmer Katcher’s Ed Trissel, Joseph Sala, and Kara Brickman are handling Stratasys.
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