Prodways Group, an expert in industrial 3D printing, announced the finalization of the acquisition of 100% of the share capital of Surdifuse and l’Embout Français. This move makes the company the French leader in custom ear tips for hearing aids.
Surdifuse-L’Embout Français is a major player in the manufacturing of custom ear tips, for which 50% of the production process relies on 3D printing. With nearly 40 employees across two sites in Paris and Lyon, Surdifuse-L’Embout Français has recognized expertise.
Custom ear tips manufacturing techniques are evolving with the acceleration of digital processing and 3D printing. This transaction forms part of the vertical integration strategy of Prodways Group to strengthen its activities in the medical sector.
The synergies between these historic players, under a common brand, will ultimately accelerate the launch of new 3D printed products.
The transaction will be settled entirely in cash. In 2019, this acquisition should generate revenue of more than €3 million and make a positive contribution to the Group’s income.