German PERI Group acquires minority stake in Cobod International

by Sam Davies

30 October 2018

14:28

Handshake after signing the investment agreement. Left to right: Leonhard Braig, member of the Group Management of the PERI Group, Christian Schwörer, Chairman of the board of the PERI Group, and Henrik Lund-Nielsen, CEO, COBOD International.

Cobod International has announced German PERI Group has acquired a significant minority stake in the company, weeks after it was set up by 3D Printhuset.

German PERI Group is a manufacturer and supplier of formwork and scaffolding systems, and assessing Cobod International’s construction 3D printing technology to be ‘ready for the market’ has sought to invest.

Cobod International was announced as a separate entity earlier this month by 3D Printhuset, tasked with the sole responsibility to manufacture and sell the BOD2 construction printer. This system boasts a print speed of 1 metre per second, and is an updated version of the gantry system used to build the BOD office hotel.

The minority stake acquisition represents a significant development for Cobod and its ambitions in the construction market, and also outlines the faith an already-leading player in the field has in its concrete printing process.

“We are very proud that PERI decided to invest in us. This will really strengthen our company going forward,” Henrik Lund-Nielsen, CEO of COBOD International commented. “PERI has followed 3D construction printing intensively for several years. We are therefore extremely pleased that they ended up concluding that we were the best company to invest in. PERI is globally the leading supplier of formwork for the construction industry and we are the leading supplier of equipment for automatic/3D printing of concrete. Together we represent the best of the existing technology and the best of the new.”

“We have been closely following the development of 3D printing in the construction industry. With the current generation of 3D printer of COBOD, this technology is now definitely ready for the market,” added Leonhard Braig, member of the Group Management of the PERI Group. “We are convinced that 3D printing will become considerably more important in the coming years in certain segments of our industry, especially in residential construction. Together with COBOD, we now want to bring this technology to a breakthrough on a broad basis. Going forward, we are very pleased to be able to offer the best solution to our customers, whether manual or automatic, in cooperation with COBOD.”

by Sam Davies

30 October 2018

14:28

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