BigRep’s operating subsidiary was sold to existing investors for €1.05 million, with a further shareholder loan of roughly €7.6 million, ending a listing that started with a SPAC deal with SMG Technology Acceleration SE in late 2023 and a Frankfurt Stock Exchange debut under ticker B1GR in 2024. Shareholders have now approved what the company calls “a corresponding simplification,” and the holding company is being liquidated.
Three existing backers, Koehler Invest GmbH, DeKrassny GmbH and Hage Holding GmbH, all family-owned, become majority owners. CEO Thomas Janics-Jakomini, who took over in November 2024, said the IPO had rested on an expectation of “rapid market acceleration in additive manufacturing” that “proved more optimistic than the market ultimately allowed.” The company reports revenue growth of about 45% over the past twelve months, which it attributes to product additions, process restructuring, and moving all manufacturing to its own facility in Austria.
Alongside the ownership change, BigRep opened worldwide orders for the ALTRA 670, built on its ALTRA 280 platform with the same servo motors, ball screw drive and industrial control system.
| Spec | Value |
|---|---|
| Build volume | 1200 x 700 x 800 mm |
| Build chamber temp | up to 140°C |
| Print bed temp | up to 140°C |
| Extruder temp | up to 450°C (dual DSX) |
| First deliveries | end of Q1 2027 |
The temperatures target high-grade polycarbonate and other engineering polymers for tooling, functional prototypes and aerospace-grade parts. BigRep says it has signed three new resellers, Alfex CNC in Australia, 3DXTECH in the US and Phillips Corporation in Malaysia, and reports over 1,000 large-format printers in the field at customers including Bridgestone, Kawasaki, Ford, Airbus and Daimler.
The exit follows a pattern seen elsewhere in AM: Fathom Digital Manufacturing went private via CORE Industrial Partners in May 2024 after a December 2021 SPAC listing, and voxeljet delisted from NASDAQ in March 2024 citing the cost of staying public. BigRep’s case differs in that the subsidiary sale price was disclosed at just €1.05 million against the €7.6 million loan attached to it.