Desktop Metal Files for Bankruptcy, Agrees to Sell Foreign Subsidiaries

Massachusetts-based metal 3D printer manufacturer Desktop Metal (DM) has filed for Chapter 11 bankruptcy. The company has also agreed to sell its foreign subsidiaries, ExOne GmbH, EnvisionTEC GmbH, ExOne KK, and AIDRO s.r.l., to an affiliate of Anzu Partners, pending Court approval and customary closing conditions. DM’s bankruptcy was filed in the Southern District of […]