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Advanced Laser Materials Acquires Majority Stake Of Integra

Advanced Laser Materials announced today that it has entered into a strategic partnership with Integra Services, with ALM obtaining 51 percent of the Integra shares.

Krailling, Germany & Temple, Texas -- Advanced Laser Materials announced today that it has entered into a strategic partnership with Integra Services. ALM, a developer and manufacturer of materials for rapid manufacturing, has been affiliated with EOS, the world leading manufacturer of laser-sintering systems, since 2009.  Under the agreement, ALM will act as a majority shareholder obtaining 51 percent of the Integra shares. This collaboration should offer immediate benefit to the laser sintering community in the US by offering a combination of excellent equipment service and materials application, support and development to users of all laser sintering platforms.

Johann Oberhofer, Chief Operating Officer of EOS emphasizes: “Two years ago we found a perfect partner in ALM. We anticipate that working with Integra will complement our existing capabilities: the provision of technology and support for customers who manufacture high quality parts – both in prototyping and manufacturing."

Donnie Vanelli, President of ALM, LLC adds: “The strategic partnership with EOS, has allowed both EOS and ALM to make a large step forward in the transition of laser-sintering from rapid prototyping to rapid manufacturing. ALM provides custom materials for the emerging rapid manufacturing area in partnership with EOS. The strategic partnership between Integra, ALM, and EOS will allow complete custom  digital manufacturing solutions for the industry, including integrated platforms, materials and services. The EOS Group will now have complete material and service packages for all Laser Sintering platforms in North America with a strong focus on materials development research and responsive service.

Lance Shanklin, President of Integra adds: “The collaboration with a strong partner like EOS will improve  our growth potential significantly for the future and open new opportunities to provide increased support to our customers.  Benefiting from EOS intellectual property portfolio, we can complement and expand our hardware, service, and material offerings."