Renishaw Acquires Additive Equipment Manufacturer

Metrology and engineering technology supplier Renishaw plc (Gloucestershire, U.K.) has acquired the entire share capital of MTT Investments Limited and its subsidiary MTT Technologies Limited (MTT). MTT (Staffordshire, U.K.) designs, develops and manufactures additive manufacturing and rapid prototyping systems, including selective laser melting, metal casting and vacuum casting machines and processes.   MTT’s range of products are complementary to Renishaw’s existing technologies and business, says Sir David McMurtry, Renishaw chairman and chief executive.

News Item From: 5/2/2011 Modern Machine Shop

Metrology and engineering technology supplier Renishaw plc (Gloucestershire, U.K.) has acquired the entire share capital of MTT Investments Limited and its subsidiary MTT Technologies Limited (MTT). MTT (Staffordshire, U.K.) designs, develops and manufactures additive manufacturing and rapid prototyping systems, including selective laser melting, metal casting and vacuum casting machines and processes.
 
MTT’s range of products are complementary to Renishaw’s existing technologies and business, says Sir David McMurtry, Renishaw chairman and chief executive. Its operations will be incorporated within Renishaw as a new product division, and it will continue to be based in Staffordshire.

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