What's Happening?
GKN Powder Metallurgy has sold its division, Forecast 3D, to ADDMAN Engineering LLC, a company under American Industrial Partners. Forecast 3D, based in Carlsbad, California, is a leader in additive manufacturing,
providing services across various industries. The acquisition, completed on December 31, 2025, enhances ADDMAN's capabilities in 3D printing and manufacturing, positioning it as a major player in North America's additive manufacturing sector. The transaction was facilitated by Angle Advisors, who acted as the exclusive investment banking advisor for GKN.
Why It's Important?
This acquisition marks a significant expansion for ADDMAN Engineering, increasing its industrial additive fleet and workforce, and solidifying its position in the advanced manufacturing industry. The integration of Forecast 3D's capabilities allows ADDMAN to offer comprehensive manufacturing solutions, catering to diverse sectors such as aerospace, defense, and healthcare. This move reflects the growing importance of additive manufacturing in industrial production, offering cost-effective and innovative solutions. The transaction also highlights the strategic role of private equity firms like American Industrial Partners in driving industry consolidation and growth.
What's Next?
ADDMAN Engineering plans to leverage its expanded capabilities to further innovate and meet the evolving needs of its clients. The company may explore additional acquisitions to enhance its service offerings and geographic reach. The focus will be on integrating Forecast 3D's technologies and expertise to deliver superior manufacturing solutions. The broader industry may see increased investment in additive manufacturing as companies seek to capitalize on its potential for efficiency and customization. This trend could lead to further consolidation and partnerships within the sector.
