voxeljet AG Holds Extraordinary General Meeting: Adopts Resolutions on Business Sale and Supervisory Board Amendment
Friedberg, Germany, February 28, 2025 – voxeljet AG (voxeljet), a leading international technology company in the field of 3D printing solutions, recently held an extraordinary General Meeting on Thursday, February 27, 2025. During the meeting, several significant resolutions were adopted, including the approval of the sale of voxeljet’s business and the amendment to the Articles of Association to reduce the size of the Supervisory Board.
Approval of Business Sale
The resolution proposal on agenda item 4, concerning the sale of voxeljet’s business, was adopted unanimously by the shareholders. The exact terms of the sale, including the buyer and the purchase price, were not disclosed in the official announcement. However, it is known that the transaction is expected to close in the first half of 2025. This sale marks a significant milestone for voxeljet, as it represents the company’s strategic decision to focus on its core business and divest from non-core operations.
Reduction of Supervisory Board
The resolution proposal on agenda item 5, the amendment to the Articles of Association to reduce the size of the Supervisory Board, was also adopted by the general meeting. This amendment will result in a smaller Supervisory Board, which is expected to enhance the efficiency of the company’s governance structure. The new size of the Supervisory Board will be determined in due course.
Impact on Shareholders
The adoption of these resolutions is likely to have several implications for voxeljet’s shareholders. The sale of the business may lead to a significant cash infusion for the company, which could be used to invest in research and development, pay down debt, or return capital to shareholders through dividends or share buybacks. Moreover, a smaller Supervisory Board may lead to more agile decision-making and faster response times to market changes.
Impact on the World
The sale of voxeljet’s business and the subsequent reduction in the size of its Supervisory Board are not likely to have a direct impact on the wider world, except insofar as they represent a further indication of the growing importance of 3D printing technology in various industries. The 3D printing market is expected to grow at a compound annual growth rate (CAGR) of 23.1% between 2020 and 2027, and voxeljet’s sale could encourage other companies in the sector to consider similar strategic moves.
Conclusion
In conclusion, the extraordinary General Meeting of voxeljet AG on February 27, 2025, marked a significant milestone for the company with the adoption of resolutions concerning the sale of its business and the reduction of the Supervisory Board. These decisions are expected to have positive implications for shareholders, including a potential cash infusion, a more agile governance structure, and increased focus on the core business. Additionally, the sale could serve as a catalyst for further growth in the 3D printing industry.
- voxeljet AG held an extraordinary General Meeting on February 27, 2025
- Resolutions adopted included the approval of the sale of voxeljet’s business and the amendment to the Articles of Association
- The sale is expected to close in the first half of 2025, and the new size of the Supervisory Board will be determined in due course
- The sale could lead to increased focus on the core business and potential cash infusion for voxeljet
- A smaller Supervisory Board may lead to more agile decision-making and faster response times
- The 3D printing market is expected to grow at a CAGR of 23.1% between 2020 and 2027
