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The sale-leaseback transaction of its German facility has been completed, generating gross proceeds of approximately EUR 26.5 million
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voxeljet AG used the proceeds to repay its outstanding financial liabilities
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Maintains its commitment to the Munich area by signing a 15-year lease with two consecutive five-year renewal options
voxeljet AG VJET (the “Company”, “voxeljet” or “we”), a provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, announced today that it has completed the sale-leaseback transaction, which was previously announced on August 11, 2022 and generated gross proceeds of approximately EUR 26.5 million. The company used the proceeds from this transaction to repay its financial debt.
The sale-leaseback transaction at the company’s headquarters in Friedberg, Germany, was completed with an institutional, independent real estate investor. Leaseback of the facility provides for a fifteen-year lease commitment with two consecutive five-year renewal option periods.
The facility in Friedberg serves as voxeljet’s headquarters and competence center for research, development and production of the company’s 3D printing systems.
About Voxeljet
voxel jet is a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers. The company’s 3D printers use powder-bonding additive manufacturing technology to create parts using various sets of materials composed of particulate materials and proprietary chemical binders. The company offers its 3D printer and on-demand parts services to industrial and commercial customers serving the automotive, aerospace, film and entertainment, art and architecture, engineering and consumer products end markets. For more information visit http://www.voxeljet.de/de/.
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