Beam IT: Sanvik exits 30% stake in BEAMIT and announces a new 3D printing strategy

Swedish multinational engineering firm Sandvik has altered its additive manufacturing strategy to focus mainly on metal powders amid a change in strategic direction. The company, which offers manufacturing, mining and infrastructure services across 150 countries, also outlined plans to exit its minority stake in Italian 3D printing service provider BEAMIT. Additionally, Sandvik has divested DWFritz [...]